This is Josh..I am not sure about what type of property investment loan you are looking and also you do not even have credit history as well. I would like to suggest a financial service company called Active Funding Group that is located in Scottsdale. If you are still searching a best source for your question then you can contact them and possible you can get overall details regarding loan based questions.
South Florida is a great area and there are amazing opportunities in today's market throughout the region. I can tell you that, in my humble opinion, there is no safer investment with better returns than buying the right investment properties, in the right locations and the right price in southern Florida. I deal daily with investors in Palm Beach and Martin Counties and the biggest obstacle is getting contracts as the best deals get snapped up very, very quickly and most often it is a multiple bid situation. Fannie and Freddie now require that investors sit on the sideline for their listings for 15 days+/- to give owner occupants the first crack. I tell anybody who will listen to buy as much of the right properties as you can as this is a unique opportunity to position yourself for financial security in the future. You may be interested in reading one of my previous blogs on the subject;
Most of the projected returns I deal with are well in excess of 10% annually for those paying cash and planning on a hold period of at least 4 to 5 years. We run detailed financial analysis on each deal before making offers and if you would like to take a look at how I put that together please feel free to contact me at your convenience. We look closely at recent rental rates, inventory and absorption in each community to ensure your risk is limited.
Most of the best returns are found on smaller deals ($50,000 to $125,000). Do not overlook the paradise we enjoy here in the Jupiter area as there are great opportunities around here and I think because of the quality of life long term returns will be better than other areas. Over the last few months I have assisted three buyers trying to escape Ft. Lauderdale and Miami and are moving to the north county area. Here is another blog you might enjoy;
If you have may have any interest in Palm Beach or Martin Counties or if I can answer any other questions, just let me know.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty
WATERWAY REALTY & MORTGAGE
AVENTURA â€¢ BAL HARBOUR â€¢ MIAMI BEACH â€¢ SUNNY ISLES BEACH â€¢ FLORIDA
You can also inquire for a loan from a bank you are a citizen in that country another option
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors