All Forum Posts by: Taya Shavers

I'm currently waiting on green card from Japan, and looking forward to start once I move. Are there other investors who started as a foreign nationals in the US ? I have some question for you all.

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I have been in the "BiggerPockets Fans - Real Estate and Investors" group for few months now, but all my questions and posts disappears after pending admin approval. I understand one of the rule is no DM anyone. But I would like to know why ? could it be just my setting. I need help, please

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Quote from @Robin Simon:

Quote from @Taya Shavers:

Hi, I am currently studying rental properties and often check out the groups on Facebook. I want to really be good at analyzing before jumping into investing. Can someone let me know the formulas of amortization for excel ?

You want to use the =PMT formula

-PMT(rate,nper,PV)

example (fully amortizing $300,000 30-year loan with 7% rate)

=-PMT(7%/12,360,300,000)

@Robin Simon something is not current.

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Ok, Thanks everyone !

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I'm in Japan studying American System Real Estate Investment. I will look if locals teach American ways

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There's tons of words I dont understand like principle and escrow.

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Hi, I am currently studying rental properties and often check out the groups on Facebook. One thing I wish is that BiggerPockets create another section of all the terminologies to know and understand so that I can one day talk to other investors or agents in their language. Or even like a dictionary published by BiggerPockets.

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Quote from @Brent Myotte:

Hi Jesse, you may want to check with a portfolio lender. Not hard money or private money, just portfolio bank/lender that doesn't underwrite loans for sale to the secondary market. BofI wholesale (formerly Bank of Internet) has a great foreign national program and it's underwritten as a 2nd home (by default, since it's foreign national) . A mortgage broker signed up with BofI should be able to take care of you. Last year when I was involved in these loans, there was no Visa, no credit score, no social security number required. What is required is a valid passport. Amazing how flexible the FN loan program is. Good luck

@Brent Myotte Does that still apply to this day ? I am a Japanese national looking for US banks that would lend me mortgage loans. I have no credit score, no trade history, no green card. And I would like to invest from Japan.

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All Forum Posts by: Taya Shavers

Taya Shavers has started 9 posts and replied 29 times.

Post: Starting Out as a Permanent Resident

Post: Bigger Pockets Facebook Group

Post: Amortization on Excel

Post: Amortization on Excel

Post: Terminology for Beginners

Post: Terminology for Beginners

Post: Terminology for Beginners

Post: Terminology for Beginners

Post: Foreign National Mortgage