Hello fellow BP members!I am teaming up with an investor from London, England (European Union citizen, has visa for the USA) to buy multifamily property in South Florida (Dade, Broward, or Palm beach counties) with a ...
Situation:
A family is looking to rent a larger single family home for up to 2 years (international family on work visa until end of 2013). They currently rent at $2400 per month in my sub-division and want to rent i...
Having a hard time getting big lenders to look at this because Great Falls Montana is so small demographically. I last refi'ed this in 2010 but since then we've driven up NOI by 20% and there should be a substantial ...
A little background of me: I'm in Atlanta with student visa. My income includes school stipends (starts in Sept 2016) and one rental property. The best loan I can find is 8.25% ARM3/1 30 years with 40% down. Right now...
Hello, I am a new investor who is aspiring for financial freedom but am having trouble starting up. This is because I currently live in Singapore where the properties here are sky-high which gives me little/no hope of...
I hear all the time from investors and real estate agents to stay away from the big banks and go with local lenders, and I just want to share my own personal experience that contradicts that advice.First of all, some ...
We just collected first month's rent this evening! We screened and declined several applicants (even returned a deposit to hold for one declined applicant - took a lot of self control)and finally settled on some tenan...
What resources (including paid) might you have used and / or came across to screen foreign national tenants (without social security number or Tax ID Number)? Thank you so much in advance for you kind response on here...
Hey BP,
I have two questions I think would be important for me, as a real estate newb, to have a better understanding of. First, at what point would you consider a person Overleveraged? would you judge if a person i...
Hi BPers,
Could those who successfully finance your property as a foreigner share your experiences and stories, Including where and how? Thanks:)