All Topics / Finance / Obtaining finance in the USA?

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  • Profile photo of Manutd123Manutd123
    Participant
    @manutd123
    Join Date: 2012
    Post Count: 5

    I have already purchased 5 homes in America and was just wondering if anyone could lead me in the right direction with obtaining finance so I can purchase even more cheers

    Profile photo of Nigel KibelNigel Kibel
    Participant
    @nigel-kibel
    Join Date: 2005
    Post Count: 1,425

    Finance is not available to foreign investors at least not from a bank

    However if you are involved in Commercial finance you can borrow up to 60% at very good rate. The reason is that banks see small to large apartment complexes or shopping strips as a much safer bet than a single house. Some of the deals I have been involved with are returning 17% net

    Nigel Kibel | Property Know How
    http://propertyknowhow.com.au
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