I’m currently trying to look into who has the best rates for a he loan and I want to try to do a 90% ltv on my personal property.

My bank has launched a portfolio loan that would allow a qualified individual to buy a 2nd home loan with just 5% down, No MI and very attractive rates.

Conventional lenders don’t allow a seller second behind their loan anymore, so the structure has shifted a bit, but the idea still works.A good example I saw recently involved a small eight-unit building listed at $720,000.

@Andrew SteffensNo lender is going to take a mortgage on an overseas property because they don’t have the infrastructure (nor the willingness) to try to repossess the property in case of default and even the largest international banks won’t do it.You might hear that somebody in the US got a loan in the US to buy a property overseas but that could be because they gave a US property as collateral or any other collateral or it’s a company that has a strong balance sheet and took an unsecured loan but that would likely defeat the propose of the original poster.If you know of any lender who takes an overseas mortgage as sole security for the loan, let me know as I’d be very interested but  I’ve worked in the banking industry across the work for many years so I know that, if ever there was any, it’d be more the exception rather than the rule. 

- Many lenders have foreign national programs, we do a lot of foreign national loans especially in the Miami market. 

Sounds like your family member has a diamond in the rough.Your family member can definitely use the equity in the land as the down payment for the new construction and long-term loan. 

FHA 203(k) allows repairs to be included in the purchase loan amount.3) Your own backyard is ALWAYS better!

Not a bridge loan, but I have used a HELOC to buy a property.

The refinance loan is the liability on LLC #2’s books.3.

So I calculate what my annualized return would be based on the current payments, term of the loan and asking price.