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Author Topic: Alien Investor  (Read 3738 times)

Offline cusack

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Alien Investor
« on: December 27, 2004, 06:30:26 am »
Hello All,

I'm an aussie investor looking to diversify a little in US residential markets.

As such I would be most grateful for your thoughts & experiences regarding obtaining finance for foreign nationals with no FICO or social security number.  I would assume  may be seen to represent higher risk by the lenders and may pay a higher rate as a result.

I would be seeking a 70-90% LVT, a fixed 15 yr term on an IO basis. Would prefer to buy as a LLC but am prepared to put it in a personal name to make financing easier.

Final question relates to the difference in how lenders view different numbers of units in the one building.  That is, are 4 unit + buildings subject to different rules to duplexes etc?

Thanks in advance

Rob.

 




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