All Forum Posts by: Aaron Frenkel

Hi Roy

I know what you mean about value in the US market. I wish I could find something in Australia (where I'm from) that would be comparative. I will look into local loans, but I think the terms would not be as good as US banks due to interest rates variations.

As an aside, what how have you been identifying your areas to invest in? I have been poking around a few areas, but find that not having lived in the areas that my investigations are not giving me the full picture. I use some of the sites that give me local demographic information, but cant really relate because my background is so different. Any thoughts?

Regards

Aaron

Hi Guys

Thanks for the info. I will definitely check it out!

Hello all!

First time poster, but I have been following the forums for a while, as part of my education. I am now a bit of an addict, and looking to know enough to post my own information. To give some background, I am a foreign resident looking to invest in the US real estate market. I have been doing lots of reading up about Tax and other issues, as well as trying to locate a market.

I have a few questions, but I will start with this one, because its critical. I have been informed that as a non US resident, I am not able to obtain conventional finance. Could someone confirm this?

The same source offered their private lender, at rates of 7.25% for 2 years and then increases to 12%. This seems quite high, so I was wondering if someone could confirm this?

Thanks Guys

Hello all!

First time poster, but I have been following the forums for a while, as part of my education. I am now a bit of an addict, and looking to know enough to post my own information. To give some background, I am a foreign resident looking to invest in the US real estate market. I have been doing lots of reading up about Tax and other issues, as well as trying to locate a market.

I have a few questions, but I will start with this one, because its critical. I have been informed that as a non US resident, I am not able to obtain conventional finance. Could someone confirm this?

The same source offered their private lender, at rates of 7.25% for 2 years and then increases to 12%. This seems quite high, so I was wondering if someone could confirm this?

Thanks Guys