International commercial lenders anyone? Please help.

4 Replies

Hi,

Me and my fiance are looking for a commercial lender who can lend to international clients. We're looking to purchase something "small" in Jacksonville or Orlando. Ideally a fourplex or something slightly bigger (if at least 5 units is what it takes to qualify for a commercial loan). Priced at around $400 000.

This is a major hurdle for any international investor such as ourselves, so we would greatly appreciate it if you took the time to give us any recommendations you may have. We have stellar U.S. credit, but no U.S. tax returns as we report our taxes to Norway  (due to the countries mutual tax agreement).

Thanks for any help that will help us handle this bottle neck that's holding us back from getting started.

Originally posted by @Ingrid J. :

Hi,

Me and my fiance are looking for a commercial lender who can lend to international clients. We're looking to purchase something "small" in Jacksonville or Orlando. Ideally a fourplex or something slightly bigger (if at least 5 units is what it takes to qualify for a commercial loan). Priced at around $400 000.

This is a major hurdle for any international investor such as ourselves, so we would greatly appreciate it if you took the time to give us any recommendations you may have. We have stellar U.S. credit, but no U.S. tax returns as we report our taxes to Norway  (due to the countries mutual tax agreement).

Thanks for any help that will help us handle this bottle neck that's holding us back from getting started.

Ingrid, years ago when I worked as a mortgage broker, there was one bank that we worked with in FL with that loaned 50% LTV to foreign investors, as long as your foreign tax returns can show the proper DSCR. DM me, I still have the contact info.

 

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