All Forum Posts by: Maisa Vahedi

@Jai Sookhakitch Thanks Jai. 

A quick update - I declined this SFH and offered on another SFH and its a 25% NOI. Thats way better than what I was aiming for; a 10% more ROI! Thank you :)

Thank you @Ethan Painter and @Michael Ventura for your valuable help! That sets my mind at ease. 

Michael, I'll send a colleague request now. Would love to exchange experiences. Why'd you leave Abu Dhabi? Its booming right now. 

Hi all, 

I'm hope you can help me with the my query. I have put down my deposit for a SFH in Rochester, New York. Cost is $59,900 and Net annual income is $10,339. Its making 17% NOI.

My question is ; since I'm a foreign investor I have arranged to buy this property through an international property consultant based in UK. They have sent me some paperwork to be filled out. They have advised to go with Stateside APM (administrative property management). They will act as the resident agent and take care of the filling of the state return. They charge $20 per month for this service. I need a bank account set up - and for this they (Stateside) require a $1,000 deposit to opne my account and it will be credited to my account. They are also requesting a $18 bank services fee per month and I need to sign a form that allows the company to deduct it. So, annually that's $456 additional expenses which I didn't account for when I purchased the property. Does anyone use services like these? or if not, do you think I'm paying too much for this service or it's normal fees since I'm an international investor. 

Thank you for your comments and feedbacks! 

By the way, the ROI here is taken into consideration after the financing amount and the closing costs

Thanks Gary for the honest insight. I'll send you a Pm now

Hi Folks at BP! 

Hope you all are doing well. 

I am purchasing my first rental property in America and I need your advice with it. The Neighborhood has good schools and is in a crime safe area. What do you think? 

Here are the numbers:

Michigan Portfolio Returns
Address	Monthly rent
17704 Ivanhoe, Roseville	$825
Total	$825
Purchase Price	$61,000
Gross Annual Rent	$9,900
Annual Expenses	$3,110
% of portfolio value acquired by financing	70%
Cash Invesment ($)	$18,300
Loan Amount	$42,700
Annual Finance Repayment	$3,778
NET ANNUAL Income	$3,012
ANNUAL ROI	13.3%
Estimated Closing Costs
Total Closing Costs	$4,270
Total Cash Investment ($)	$22,570
Total Cash Investment (£)
Assumptions
Interest Rate (Fixed)	8.050%
Payment Period (years)	30

Thanks Joseph for posting this! I love RD stuff and it was through RD I got my start in real estate

Hi Everyone at BP! I have been reading the posts and gaining such valuable information. 

I would like to ask - for an international investor, what is the maximum LTV for a commercial property like a Multi Family for example? I have some say its $50,000; others say $100,000.

I am not a US citizen but my husband is a US citizen and we live together abroad. 

Can someone please point me in the right direction - what are the terms, rates, tenure? 

What is the minimum they would consider on a commercial property price for financing? 

Thank you all in advance for your help. 

Hi sachin, what are you looking to purchase ? Will it be in Dubai or abroad? There are quite a few lenders that give mortgage for properties purchase abroad.

Alexander: I'm a foreign investor and I've been looking all over for financing. What are the rules for offering the financing to foreign investors? Do you look at documents, income verification or you base it on the property (that's the best).