Out-Of-Country BRRRR Lending Options
Hi BP, Sam from Canada here
My question today is: If I find a great BRRRR deal, have contractors very the Rehab costs via quotes, and have a realtor verify the ARV, what are my options for finding a lender to help fund the deal? (I am from Canada and I have no credit in the US)
Would a lender fund 100% of the purchase + rehab costs assuming there is enough equity in the deal?
I have no issues giving a great interest and point payment to a lender as long as I don't lose money after the refinance is complete.
I also have no issue with working hard, finding Pre-foreclosure deals or calling For Sale By Owner properties to get a great deal.
Opinions, Thoughts and Insights are very welcome. Thanks :)