Updated almost 7 years ago on . Most recent reply
Foreign and Bank Credit - Starting in Real Estate
Hello everyone!
I am from Brazil and will start to do some house flipping this year through a company my fiancé and I established in the USA. We already have a partner in Orlando, FL, and we will be doing this in that region (probably Lakeland, Weston etc.).
At the begining we will be using our own money, but I got really interested in the BRRRR method. Could anyone enlight us on how the banks analyze credit for loans and refinance in our case, since our only source of income in the USA would be the house flipping for now? Thanks a lot! (All tips for first timers would be very appreciated by us!)