All Forum Posts by: Andreas F.

Options are basically nil unless you can get seller financing. We have spent 4 years looking for local money. Takes 3 years to qualify and is hard work but doing it from the start is impossible if you are a non resident alien.

Dean,

thanks for the input. I just will not leave any stone unturned.

Andreas

0 Votes

Originally posted by @Patrick Britton:

depends where you're looking to buy. In WA state here there is a portfolio lender that may offer under 5.5%...otherwise you'll be looking at ARMs

Hi Patrick,

my starting point will be Philly with SFH...

Thansk Andreas

0 Votes

Originally posted by @Account Closed:

There are programs available to foreign investors the primary requirements are 35 to 50% down and an LLC, which can be setup in a few days.

Hello Aaron,

I am interested in the program you did mention as I am looking for financing whilst being an foreign investor. Thx, Andreas

0 Votes

Hello all,

here comes a real challenge and I hope you can help.

I live in work in Europe with plan to invest in US.

After good research I know where and what to buy. The last problem I want solve is to find a way to finance part of the properties (50%) via a mortgage or lean with max 5% interest rate. So far I only have seen offer starting from 7%. All above 5% damages the caprate too much.

Any creative idea?

Thx Andreas

1 Vote

Hello all,

I want to build a local team in Philly and looking for recommendations for

good and experienced home-Inspector

Tax adviser (with experiences for foreign investors)

Attorney.

Turnkey provider is already selected, just need add members to get started. RE strategy is cash flow SFH, Duplex or Triplex.

Any recommendation or experiences is highly appreciated.

Thx, Andreas

0 Votes

Hello all,

I want to build a local team in Philly and looking for recommendations for

good and experienced home-Inspector

Tax adviser (with experiences for foreign investors)

Attorney.

Turnkey provider is already selected, just need add members to get started. RE strategy is cash flow SFH, Duplex or Triplex.

Any recommendation or experiences is highly appreciated.

Thx, Andreas

0 Votes

Hi,

does anyone has experiences with http://alpinecapitalsolutions.com/

There are in the Indianapolis area.

Thanks.

0 Votes

Originally posted by @Mike D'Arrigo:

@Andreas F. Indianapolis is a very good cash flow market with a strong and diverse economy, however, you have to be very careful of what area you're buying in. Indy varies neighborhood to neighborhood and you have to know what areas will give you a good return. I would stay out of areas with rents of less than $750/mth. I did a webinar on the Indianapolis market recently. I'd be happy to share a link to the recording if you'd like.

Mike

Thx Mike. I sent you a message to follow up. Best, Andreas

0 Votes

Originally posted by @Jerry W.:

A lot depends on the location of this house bud. I myself would pass on it. For that kind of money you should be able to get a dam nice property in a good location. Your rent to purchase price seems low for that area.

Hello Jerry,

thanks for the feedback. I just started to look into Indi as a city. What locations would your recommend?

0 Votes

All Forum Posts by: Andreas F.

Andreas F. has started 20 posts and replied 55 times.

Post: How to get a 5% loan/mortgage as a non US resident/citizen?

Post: How to get a 5% loan/mortgage as a non US resident/citizen?

Post: How to get a 5% loan/mortgage as a non US resident/citizen?

Post: Lending for foreign investors

Post: How to get a 5% loan/mortgage as a non US resident/citizen?

Post: Network in Philadelphia

Post: Trip to Philadelphia

Post: Anyone experiences with http://alpinecapitalsolutions.com/ ?

Post: Would you invest in Indianapolis?

Post: Pre-Rehab property in Indianapolis