All Forum Posts by: Nicholas Ruscio

Hi Dan, 

Is the property located in Illinois? Lets connect! 

Where are you looking to invest?

Heres some good podcasts:
"Vacation Rental Success"
"Short-Term Rental Success Stories"

I would also look into Airbnb's Host Academy:

Hi Cameron,

I would reach out to local real estate agents who specialize in investment properties. They may have leads on distressed or off-market properties to get you connected. 

Please feel free to PM me if you would like me to look through a properties financing with you! 

Hey Josh, 

Love the architecture in Barcelona. Are you looking for a rental or fix and flip?

Coastal areas like the Costa del Sol, Barcelona, and Ibiza tend to be popular with tourists and can offer good rental income.

Please feel free to send me a PM if you want me to take a look at a property with you. 

Hi Brandon, 
There are lots of options for DSCR Loans. Are you looking to cash out?

Hi Douglas, 

What is the current value of the property? Have you thought of taking a HELOC instead?

Hi Dominic, 
Obtaining a mortgage loan for a international purchase can be difficult but can be done. Please feel free to send me a PM about the property and Ill see if I can point you in the right direction. 

Is there a reason for aiming for a higher LTV?

While 85% is doable, it's costly. If you want to take cash out, consider lowering it to 80% for better financial management. Going even lower to 75% or less might be more advantageous.

Hi Michael, 

You can obtain a HELOC on a investment property and it is just as hard as getting a standard HELOC.

Lenders generally have LTV limits for different types of properties. You may be able to borrow a higher percentage against your primary residence compared to a second home or investment property.

How much equity do you have in the property? Please feel free to DM.