All Forum Posts by: Mario G.
Mario G. has started 1 posts and replied 1 times.
Post: Question on financing.
- Real Estate Agent
- Clearwater, FL
- Posts 1
- Votes 0
I'm wanting to get into real estate investing but I am having a hard time figuring out how to get large loans with out a consistent annual income.
I am 24 years old and am currently attending college as a major in electrical and computer engineering. I have accumulated over half a million through stock securities. I am currently a legal resident in the united states but not a U.S. citizen, and because of this I have no credit since I have only had a bank account in the states for a short amount of time.
I have already planned out and ran numerous simulations based on real world circumstances in order to succeed. My plan is to enter the market with 100k (20%) down, requiring about 400k in loans.
Are their any real world hacks to get around this?