Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
California Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Glen Gunawan
  • Los Angeles, CA
1
Votes |
13
Posts

Stated Income / No Doc / International Loans (CA, Los Angeles)

Glen Gunawan
  • Los Angeles, CA
Posted

I am in the process of helping my parents buy a house in Los Angeles, CA. However, as my parents have international income they are struggling to work with traditional financing.

Context on their situation / status: 

- 80% LTV target -

~$2M home in Los Angeles city under escrow (~45 days until closing) - 

~$100k W2 salary they pay themselves - 

~$300k international income 

- More than 24 months' PTI reserves in cash after 20% down 

- US Citizens

Anyone have any nodoc / stated income / international income friendly lenders that they would recommend that are active in the Los Angeles market that might work for our situation? Any and all references welcome, thank you!

Loading replies...