Forum Replies Created
Richard,
If you are a non US resident, what are the chances of getting finance in the US banks?
One of the CA banks replied back saying that if your a “legal resident alien with a green card”, you can apply for a mortgage loan.
From the post above, it seems there’s almost little chance of getting any finance over there – even if the properties are CF+.
Simon
In the States, is the multis considered like duplex, triplex and 4-plex? I have never been to USA but some of the buildings slightly differ to the ones here in Aus.
S
im certainly keen in investing in the US now considering the US?AUD is almost on par, i dont think there is a better time to start investing over there. Just wondering Sapphire whether you purchased any properties over there and if so, what are some of the implications you should watch out for, especially for non-US residents?
Homes are dirt cheap and I definitely like the idea of having multi tenants in the one place as this reduce the risk of having no tenant and no cash flow.
And the funny thing about most US homes, is that they are so big…you could even strip it all down and sell the parts and still get a profit…i think.
