All Forum Posts by: John Turner

Thank you.  I really appreciate any lead.

Please send the information to me as well.

Thanks for the information @Anita Fofie.  We have been researching financing for our real estate investing in the states. 

Did you contact the banks here or one of their US locations?

That's a good question Steve. I am interested in expanding my real estate investments into North Carolina and am looking for private money to assist.

We've been working on buying a property in Robbinsville or nearby but we have some specific needs from the property.

If you would like to share the details, I am interested.

New to the forum and my experience has mirrored the same as the others.

I am a Canadian trying to buy a house in North Carolina and have met with closed doors regarding financing in the States.

Considering the low exchange rate, I wanted to buy with the lowest down payment possible and then pay off more when the dollar rebounds.

I have only found 30% down payment with minimum borrowing of $100,000 at a rate of 9.25%. All banks, credit unions and 2 mortgage brokers were unsuccessful until I found another mortgage broker who could secure this option for me. It is a private equity lender.

Needles to say, I am still looking for a better option. We have a significant down payment but don't want to use it until the dollar is higher.

We've been working at this for months and found the perfect property which can probably be purchased for $90,000 to $100,000.

I had no idea when we started the process the financing in another country was so hard to obtain. 

So, we're still looking. Wish us luck!