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8 December 2024 | 26 replies
The downside is they usually come with higher interest rates and shorter loan terms.Partnerships or Co-signers: If your husband or a trusted partner has U.S. legal status and credit history, they might be able to co-sign or help with financing.Cash Purchases: Since you have savings in Canada, you might consider using that for your first property, especially for a smaller rehab project.Foreign National Loans: Some lenders specialize in providing loans for foreign nationals.
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1 December 2024 | 21 replies
At the end of the day, assuming the market at a high-level is strong, you must be able to trust in a strong, local team.
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5 December 2024 | 7 replies
These two factors will get investor rates down to a reasonable level.
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11 December 2024 | 29 replies
No upfront deposit, no trust needed.
5 December 2024 | 11 replies
It will most likely need some level of TLC.
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1 December 2024 | 31 replies
With a trusted team, you might avoid delays or unexpected costs.Advice: If you lean toward BRRRR, build a solid local network.
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28 November 2024 | 4 replies
Here’s the deal (pun intended):Run the Numbers: If the deal makes sense on paper—cash flow, ROI, and all—trust the math, not just your gut.
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1 December 2024 | 3 replies
@Roger Garner the strategy will really depend on what level of involvement you want in the project.
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7 December 2024 | 9 replies
We have found that setting our expectations about what we want is helpful (financial performance, level of renovation we can handle, forced equity opportunities, number of bedrooms, etc) and then waiting for a deal to materialize.
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1 December 2024 | 6 replies
You can't ask someone for money, but also not disclose things because you don't trust them.