Updated almost 10 years ago on . Most recent reply
Starting Out - Advice on Lending
Hello BP'ers,
We are relatively new to the Bigger Pockets family. We are international investors looking to purchase another rental investment. What we are having difficulty with is pulling the trigger because of the finance situation. Our investigations with US banks, both big and local-based, indicate no loans to non-US citizens, so that leaves private lending. This seems expensive and requires quite substantial money down (we have limited funds so are essentially requiring 100% financing of the project). A contact put us onto Forum Financial Services and we have had limited discussions with them. Anyone have experience with Forum? Any other suggestions on private lenders, or, how to get started and pull the trigger? Anyone want to help us on our way?