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Updated over 4 years ago,
Getting mortgage for a non US citizen
Hello everyone,
My name is Lior, I live in Israel, 26 years old, and I am new into the real estate investing and after some research and book reading, I decided that I want to invest in rental properties and would like to start in Florida on SFH. My goal is to buy 2 properties per year, with the benefits of Home Equity Loan or just add another 20% down payment, and hold them for cash flow.
I wanted to start searching for agents but I need a lender first... So because I am not a US citizen I started to think if I have opportunities for a mortgage for 30 years and then leverage my first asset with its equity after a while to have more money for a downpayment for the next property.
I have the first 20% percent down payment for my first property purchase, is there a way to find a lender that fits my goals?