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Updated over 9 years ago on . Most recent reply

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7
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JP Larcheveque
  • Investor
  • Philadelphia, PA
0
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7
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US citizen looking to borrow in the US with only foreign income..

JP Larcheveque
  • Investor
  • Philadelphia, PA
Posted

Hey all,

Just moved to Phili from London to do an MBA. I get rental income on my UK properties but as I am a student I have zero income in the US. I will be approaching the landlord of my current property with an offer, but I want to have finance sorted first.
I am looking at taking a 30 year mortgage and will be putting at 20% deposit.

Any banks or brokers that would work with some foreign rental income? I have a perfect credit history (I kept my US credit cards for 10 years even while living abroad :)), I will also be using my wife's rental income (she is a green card holder with an almost non-existing credit).

I am looking to buy this house and sell after I have lived in it for 2 years for tax reasons.

Thank you for any tips!

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