To prove payments you could simply show your latest statement to the lender denying you hundreds of thousands of dollars.

Hi Shakti, As a lender we do work with US-visa holders as long as they have an established credit score in the US.

Right now, Dec 2024, on an investment property 4 unit there are some DSCR lenders with rates better than Fannie/Freddie. 

Do you ave 2-4 lenders that you've built relationships with and do you understand their terms for purchasing the land and the construction loan and the exit strategies if you need to hold the home a while before you sell to a buyer? 

Or the lenders helping with buy downs.

@Stuart Bartle - If you are interested in Chicago and looing for some boots on the ground and building you team...I am happy to make some connections with lenders, agents, contractors, etc.Do you have a specific area of Chicago that you are looking in?

You might find a HML hard money lender that may offer this but your going to pay a ridiculous rate and points/fee's.  

Here is what I know-$250k Strong (my client) = 1/3 = 7.33 Units Each$250k Elena/Investor = 1/3 = 7.33 Units Each$250k Mike/Builder = 1/3 = 7.33 Units Each$250k Investment = Profit $2 to 3.3 million.Purchase $2.2Build Cost $4.1Total Cost $6.3ARV = $12 to 22 millionProfit = $5.7 to $16 millionConstruction to take 18 monthsI am meeting with a lender and the developer, Mike today.

Look for lenders that do "Portfolio Loans".Mike

. - First, I recommend speaking with a lender to find out if you can purchase the property in the name of an LLC.