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  • Profile photo of sonic81sonic81
    Participant
    @sonic81
    Join Date: 2013
    Post Count: 3
    July 17, 2013 - 9:30 am

    Hi guys.  Just curious any updates with financing in USA for foreign nationals?  I have a decent portfolio but I haven't been able to get refinancing at all.  I got pre-approves with HSBC but then they changed their underwriter so pulled the application.  Citigroup requires like $500k USD cash in bank in order to process a refinance which is too much.

    Cheers

    Profile photo of sonic81sonic81
    Participant
    @sonic81
    Join Date: 2013
    Post Count: 3
    February 18, 2013 - 10:48 am

    Guys thanks for the great info on this thread esp. regarding citigroup.  I'm a citi gold member so I'm in the process of speaking to them now.

    I'm open to vendor finance but my research shows as you guys have mentioned some properties are marked up 20-30%.  I'm a US property newbie how does one check to see if what they are selling is marked up?  Would you just ask for the address and go to zillow for last sold prices around the area and make a rough comparison?

    If they bought and are reselling to you at +30% how long does it take before you can see what price they bought the property for and what website can I check this on?  Thanks in advance.

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