leo… i may have to do the same as you as i don't have anything other than cash to leverage….i have been talking with someone from house buyers usa and he has so far been very helpful..my usa talked to me for a bit…but after i signed up…no much happening now… so i am down a little money there.  I will possibly send an email to them…[Read more]

RickH wrote:
we were looking at buying 3 under part US finance. In the end got one for cash. The cash flow on paper was the same from one unfinanced as 3 financed. Feel a bit safer not needing to worry about overseas finance in the event of vancany.I personelly would not go down the path of a personal loan at15% to obtain a property in USA.Rosa…[Read more]

As i said IMC newbury…just checking out the loans thing… p;ersonal or home loan or something else… will keep looking… ideally getting a loan from a US bank would be better than here because of current rates… however, buying for cash is the best….not having enough cash though…i would have to either buy something really low and…[Read more]

Adam2011RickyH has had some feedback re: buyers agents…I am currently sussing out one that he went with… homebuyersus…I am also checking out vincent selleck's 888 property… one of the main reasons for me checking them out are the face that…homebuyersus has appeared on a tv program…tv stations do a lot of research into their…[Read more]

I suppose that would be good if you have the time and money to there…some would say that if you don't don't invest in that market… i suppose it depends on your investment style and what you are comfortable with.

Troy McErvale wrote:
Hi Detroit DanJust appointed a new lender this week that will lend to non-residents up to 75% LTV (but more likely 65% for most) in any State at most price ranges.Pretty exciting – standby for more information to come in a new thread

If i could outright buy property for the amount of cash i have I would even if it is cash…[Read more]

that's a great help rick…i will feel out house buyers…

One of my reasons for investing in USA…is of course the parity…it makes sense to me to invest money in cash flow positive (even if it is a small %) rather than buying a house in oz.for the amount of a deposite needed here I could buy a fully reno'd and tennanted house in USA, not only that but i will own it and eventually have some equity.it…[Read more]

RickH wrote:
We have just had offer accepted on 3 bedroom property in Fairlane district of Kansas City Mo.Rehabbed and tennant ready to move in.Net return of approx 15%. I am pretty happy.We have been looking for a while and now have our offer accepted and awaiting paperwork prior to transferring the funds.Time will tell if it the best or worst…[Read more]

Hence the wholesale idea I guess.

I think that we are heading the same way eventually…South american financial crisis….Huge expenditure on infrastructure… however…no one to run or maintain it…Asian financial crisis…Japan was a massive saving country..You could inherit mortgage…And now the GFC… tell tale signs of insurance going up large accounting companies getting…[Read more]

jeff2investUSA wrote:
Rosa, Thats a hard question, I suppose you could ask were in Australia they have invested and what type of investment? Investing with there own company is not a bad thing….. The MOST important area of investing in the USA is the property management…..can they provide a tenant year in and out……. What cities are…[Read more]

jeff2investUSA wrote:
Hi Rosa, The one question I would ask any of these people is have they invested in any property either here in Australia….or the USA, because if one has not invested and done the hard yuards themselves….how can they advise you on investing. Have you invested in property here in Australia? jeff

I have asked and some…[Read more]

melbourne girl wrote:
Hey RosaI am very scared to post latley, I have looked and not replyed, thank you for your kind words though.We have found in our experience that making the purchase smooth just have the information available that the finance company are after.  They have a good idea of what is available and where.  Contrary to one ray of s…[Read more]

jeff2investUSA wrote:
Rosa, I have not heard of them, however you would be better dealing with someone locally as at least you can meet up and see what they are like to deal with. What is your investment goal Jeff

Well  my goal this year to obtain some income generating property in USA.  I am busy saving and looking for loans etc.  but al…[Read more]

[/quote] We have dealt with My USA Property, and so far have had no issues at all.  Here are my answers to the questions you have;1. once you have bought your property dont have to pay any extra for the renovations. All the work is done, you can even ask for a list of what work is done, on some of the property sheets they list the details.2.  If…[Read more]

PropertInvestor wrote:
100% Agree with you mate. Also with your numbers. It is not about what price for what service, It is just there monopoly at the moment. Since ideally no one in Australia is providing loan for US. Bad for consumer. Simultaneously, I would like to say something is better than nothing. At least someone is providing loan…[Read more]

EdmundSt wrote:
Using LoansUSA suits those who do not have the excess cash or available equity to purchase a portfolio. Personally, my cash / available equity has capped my spending between $100,000 – $150,000. With this being the case, a decision I have to make is to purchase either A) via a lender to maximise the # of IP i can pu…[Read more]

melbourne girl wrote:
I couldnt resist posting again, White-Goodman, this thread is called My USA Property, I thought I was doing the right thing posting in this thread.  We havent used the services of any other finance or property people so I have nothing to compare to.To make things crystal clear for you – I am based in WA, I grew up in…[Read more]

seano4ever wrote:

melbourne girl wrote:

Rosa Tong wrote:

seano4ever wrote:
Hi everyone,I recently had a meeting with Tony from myUSAproperty at the Brisbane branch.I have a couple of questions that I would like to clarify with people who have previously dealt with myUSAproperty.1) When they said the property had been recently refurbished,…[Read more]