Updated about 10 years ago on . Most recent reply
Advice needed for obtaining a loan
Can anyone help me out with loan advice?
I'm looking to borrow 100-200K, on a fixed term interest rate with a maximum of 8% interest. I would like to repay the loan at 50K per annum and no penalty for early repayment.
I'm looking to buy 2 more properties with a 20% down payment.
I have over a million dollars in real estate in the US and can use any of the properties as collateral.
Problems I have include, not having a SSN and no credit history.
I have no debts and I've never borrowed money before.
My apologies in advance if I seem naive on this subject.
Does anyone have any recommendation for lenders?