All Forum Posts by: Matt Wan

I'm newly interested in real estate as an investment. Up to now I've put my money into the stock market and I'm looking into diversifying into real estate as well.

My current goal (assuming I decide to move forward) is to actively start in a year or two by buying a single modest place as a long-distance investor. As I gain experience I would expand. Once I have a strong system set up, I don't want to dedicate too much time to real estate, though.

It's also important to note that I'm a US citizen who wants to invest in US real estate, but I live abroad. I have a US credit score, US bank accounts and some US-based income, but my paychecks are not. I also wouldn't be involved in day-to-day operations onsite. I view this last point as an advantage, because it leaves me open to any market and forces me to build a hands-off system.

A quick internet search suggests that foreign national loans can provide up to 75% LTV. Is that correct? DSCRs seem to be up to 80%. Is there a benefit to foreign national loans for a US citizen with a US credit score (the 791 I mentioned in the original post is my American score)? How do the interest rates usually compare between the two?

@Nick Belsky

I want to buy an investment property in the United States. I have a good credit score (791 based solely on credit cards) make almost $200,000 per year, and have very healthy investment and retirement accounts in America. But I live abroad. Can I get a good mortgage?