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Updated over 8 years ago on . Most recent reply

User Stats

5
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David Parra
  • Guadalupe, Nuevo León
4
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5
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Commercial Loan for a Foreing National

David Parra
  • Guadalupe, Nuevo León
Posted

Hello, Can somone help me?

I´m from Monterrey Mexico, as many mexicans I have a lot of relatives in Texas, a few months ago one of my uncles passed away and my aunt is selling some of the properties she has, becausse she doesnt want to manage them, one of them is a small comercial center (9 spaces) and I´m trying to see if there´s a way for me to get a loan and purchase the property

It costs $1.1 million usd with a potencial of $108,600 usd in yearly rents, actually it has a 85% occupancy and gets $93,000 usd in yearly rents

thanks a lot in advance

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