Hi Everyone.

I have been reading your comments about My USA Property and Loans USA.  I must disagree with you.  I have purchased two properties in Florida using Loans USA.  My interest rate was 6.75%, fixed for 3 years, they offered me the 9.75 % rate and it was fixed for 15 years.  The lass I dealt with was excellent – he name was Melinda.  Very helpful indeed.  I think you should call back and ask to speak with her – a bit of a charactor to speak to – but very knowlegable.  I unfortunatley had to deal with the last gent in the office Adrian who I have heard has left – he seemed not to know much of what was happening or ever emailed me back.

The only complaint I had was the fact that they needed more information that originally asked for.  This I have discovered is because they are finding better deals all the time and each bank has different requirements.

I went the path of contacting the banks directly myself, this was not successful.  They insist that you are in the US to sign documents.  Something I do not have the means to do each time I want to finance a property.

The service I have recieved at My USA Property is just excellent also. 

On the finance again.  I think what you have to remeber is that it is difficult even for the Yanks to get a loan atm.  The small amount of finance we are getting is well nothing.  I borrowed 70% LTV of my properties.  that amounted to a whole $80K.
I really think if you are concerned about the finance side of things that lass Melinda or her boss Steven McClatchy would be a great help. If Melinda doesnt have the answer – she certainly finds out quick smart for you.

So good luck with your investing.  I have found it really profitable. My properties were leased on a section 8 (Government paid rentals). I was provided with a funding position on each property, Great pictures. Even a copy of the lease agreements!

Go forth and invest