I'm an out of state investor from Israel. Does anyone here know a hard money lender or credit union who works with out of state investors for the brrrr method?.
Look into a JV with someone in the USA. We are rehabbers JV and syndicating with proven past and experience and have good relationships with the hard money resources here and can explore if there is synergy for mutual benefit.
Lender · Wauwatosa, WI · Member since 2016 · 570 posts · 203 votes
5y
@Ohad Waizman there are lenders who will lend to Foreign Nationals, however leverae is typically capped to 65% LTV. Rates and often in the 5% range with buy down options. These are stated income loans with very low documentation, no DTI requirements, fully asset-based. There are a good number of them out there!