Updated almost 6 years ago on . Most recent reply
HELP with Asset Based Lenders please - tricky situation
Hello BP Community!
Thought I would reach out for help as I am really struggling...
Situation:
- Canadian who does not currently own any assets in the US
- been traveling the world for the past 2 years so also no personal tax records
Really want to start BRRRR but I am having problems with getting non hard-money loans to long term hold the assets I want to acquire.
Spoke to some ABL and they will only lend if I had my own home in the US. I can't own a home as I can't get funding. So I am stuck between a rock and a hard place.
Anyone with similar experience?