IMC Newbury wrote:

white_goodman wrote:
how much are the fees then?

Hope your answer is forthcoming. Mine was: $3300 + $740 + 2.5points of the loan so = $5000 + and then 9.75%. I will keep my thoughts to myself and let everyone make their own judgement. This should be a forum of honest exchange of information.

and how much were you…[Read more]

how much are the fees then?

Loans USA wrote:
Troy: I agree, financing in the US is completley different to Australia. Just to bring you up to date, Loans USA do not only limit loans to purchasers of their own property. Leo: An LTV of up to 75% is highly achievable in the US. In states and suburbs where properties are in the lower price bracket LTV achievements of up…[Read more]

what bank lends here for foreign prop? or personal loan?

where did you borrow for your first?

just a note just because Moody's forecast something doesnt make it gospel. They are good at reporting things that have happened, generally pretty useless on forecasting as is most people. Lets remember Moodys, Fitch and S&P all had Lehmans and Bear as AAA rated or whatever the highest was before they went under..<edit> I think Vegas and Florida…[Read more]

Memphis – http://www.city-data.com/city/Memphis-Tennessee.htmlmeh…

here here rick, its be nice if the forum was cleaned up a bit

part 2?

bump.Im also interested in this info..

toe wrote:
nicolas I agree with the points you have raise and in your quotes. I think that the average investor is in a pickle, and that as a result prices might stagnate for some time. After the boom in the early naughties people were also calling for a crash but instead prices went sideways for three years. The reason they don't crash in this…[Read more]

toe wrote:

white_goodman wrote:
your first sentence makes zero sense.

I can only assume you've misunderstood my point, because it makes perfect sense.

Quote:
From SMHAbout a quarter of  Australians rent their homes through the private rental market — and nearly half of these (45%) are helped to make the rent through subsidies from C…[Read more]

toe wrote:
The trouble with using Median Price to Averge Wage as an indicator is that a large percentage of the average wage earners do not buy housing. Money supply is pretty interesting though. The U.S. is far worse in this regard. In order to pay out bad mortgage debts, they have trippled the money supply since 2008. It took 200 years to get…[Read more]

with housing at record unaffordable levels, baby boomers drifting off into retirement, and banks needing to create more and more debt to keep the status quo, where is the demand gonna come from to keep prices escalating upwards?is this sustainable or plausible? I think notthe party may continue for a while, but when China starts correcting and the…[Read more]

speedy gonzales wrote:

Charles 1 wrote:
Interesting article in Property Update yesterday on investing in the USA. http://propertyupdate.com.au/articles/is-the-investment-grass-really-greener-in-the-us.html Read it and take out of it what you will. There are always different opinions on how and where to invest

Interesting that this sounds…[Read more]

well if i want to invest in property I cant rationally do it in Australia atm, to be honest good quality property in the US 80-120k mark seems a lot smarter for me

Hey Cheeves, do you sell property only in Lehigh and Cape? or do you include ft myers, Tampa etc?

RickH wrote:
i am at the end of my patients…. last chance.After 5 mths and rubbish requirements from financier I am almost done with it.No fault of my usa property or loans usa but had enough.3 properties in KS were spot on for what we wanted and 70%LVR (looks like being50% at best now) and after 5 mths no concrete answer on the finance.MYUSA…[Read more]

USA wrote:
I have just been reading through your comments, interesting find for the lending.  I have also seen in previous threads your comments about the high cost of Loans USA.  Their fees seem minimal compared to the costings your quoting.  Why wouldnt you have a company in Australia do all the running around for you and find the best deal ou…[Read more]

I found someone that will offer finance to foreigners in South and SW florida at local rates.Details:$60k min loan3% fees of loan value to broker all inclusive$900 fee to actual lender.just message me if you want me to link you