Finding Financing For Non-US Resident Clients

[Charles Burgess]

Hello everyone. I’m working with two clients who are non-citizens of the US. They currently have a decent sized portfolio of flips, new construction, and long term rentals.

They are currently trying to finance more flips and new construction projects, but also trying to avoid the high cost and time constraints of working with hard money lenders (I.e. dealing with inspections before each draw). 

The issue they are running into is although their rentals have significant equity, they are struggling to find a suitable lender where they can access cash via HELOC/Cash-out refi because their properties are 1) Held in LLCs & 2) They are not US Citizens. This would be a favorable route because the cost of money is cheaper and easier to access.

My question to the Bigger Pockets community is, are there any lenders and/or advice that would help them access equity for future projects? Any help would be greatly appreciated. Thanks!