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Private Lending & Conventional Mortgage Advice

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Morgan Nilsen
  • Rental Property Investor
  • Sandefjord, Norway
87
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202
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Refinancing advice for foreign investor needed

Morgan Nilsen
  • Rental Property Investor
  • Sandefjord, Norway
Posted Feb 3 2016, 07:07

I am a foreign investor from Norway who just started investing in Indianapolis in 2016. I will invest $150.000 in Indianapolis over a short period, to buy 3 houses. I hope to approach a bank once my houses are rented and get a HELOC of $100.000 to aquire 2 more houses by the end of the year.

is this possible to do with my LLC, having 3 houses that are fully owned and a cashflow of 1000? I dont have a credit score as my company is brand new.

How do I realize my plan if its possible?

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