Non resident alien - sources of finance

[Robin Ferrier]

Can anyone point me in the right direction. I am looking to buy investment properties in WNY and finding it hard as a non resident alien to source a mortgage for several reasons:

1 The amount I want to borrow at any one time is only around $30K-$50K - ie to a lender, not really enough to justify the extra exposure to a foreigner.

2. The necessary funds must be seen to be in my account for anything between 2 and 6 months. I understand in the US this is normal but for me in the UK as long as the bank considers I can pay the mortgage given the last two bank statements, then they have supplied the funds. Some lenders have even lent on the basis of income from rental alone.

Can anyone suggest other means by which I can finance investment properties at purchase prices as low as US$30K. I could pay for the property in cash but to my mind you don't make money by spending all of your own. Any thoughts?

Many thanks.