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Updated about 3 years ago on . Most recent reply

User Stats

13
Posts
6
Votes
Erin Wilks
  • Rental Property Investor
  • Savannah, GA
6
Votes |
13
Posts

Lenders for second time foreign investors

Erin Wilks
  • Rental Property Investor
  • Savannah, GA
Posted

Hello again!

I am a foreign investor in the US, I purchased a triplex in Savannah and I am looking to get my next deal under lock as soon as possible. I have already started saving for my next deposit. I am just wondering if there are any foreign friendly lenders that would be open to lending with less than 20% deposit on multi family investment properties that cash flow. I don't want to have to wait till I've saved up another $100K+ to get under contract again.

Super keen to keep my momentum going and hoping someone out there might have some good contacts/suggestions.

Appreciate the help, I would never have done this without learning from you all 

  • Erin Wilks
  • Most Popular Reply

    User Stats

    309
    Posts
    184
    Votes
    Lara White
    • Rental Property Investor
    • Oklahoma City, OK
    184
    Votes |
    309
    Posts
    Lara White
    • Rental Property Investor
    • Oklahoma City, OK
    Replied

    @Erin Wilks What area are you looking to buy in?  A lender local to where you are looking at might be the best. The market is super competitive (at least here in OKC), and having a local lender is sometimes key in a deal.  You might try looking in the forums of the market you are focusing, see if there is a lender who actively participates in that forum and connect with them.

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