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Foreigners Buying in the USA

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Walid Elfoly
  • Real Estate Investor
  • Storrs Mansfield, CT
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9
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private lender risks and disadvantages

Walid Elfoly
  • Real Estate Investor
  • Storrs Mansfield, CT
Posted Feb 2 2016, 06:44

hi bp members,

it seems to me that it is very difficult for foreigns to get any type , mortgage  from banks, especially if they leave out of US ,and i think that the easiest way is to get mortgage,loan, from a private lender association or company,

my question

is there are any risks to deal with a private lender companies?

and what are the disadvantages of dealing with a private lenders companies comparing withe banks?

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