Financing in Houston>Question Details

Frederik, Home Buyer in Lauderdale-by-the-Sea...

Mortgage for investment properties in Texas? (foreign nationals) Looking to build longterm relationship with Bank and willing to transfer 100k

Asked by Frederik, Lauderdale-by-the-Sea, FL Mon Apr 1, 2013

We are foreign investors looking to build a longterm relationship with a good bank or mortgage company, we are willing to transfer 100K and above to account to build relationship. If we can get good rates and low down payments of 5-35%.

We are looking at buying 10-30 single family homes.
30000-150000 US $ units with Cap of around 8%

For multifamily we looking at:
300.000 US$ to 2000.000 US $ with Cap of around 10%

What would be your mortgages rates, downpayment % etc be for each of the above groups? We are looking for fix rates 15-30 years.
Please let us know more about your products services,conditions and what you need from us to get pre-qualified and get good rates.

We got following docs ready:
- 2 reference letters from 2 different banks
- bank statements last 6-12 months
- 2 year income statement proof
- ITIN nr
- Texas LLC

We are now in Houston you can call us on 4077669498
We are members of Life Style unlimited realestate group Houston

Help the community by answering this question:


Nasyim Segal’s answer
LU is an excellent investor program in Houston. I was a member a couple years ago myself, and learned a ton of great information.

Let me know if you need any assistance with your search. I can put together a package if homes for you.

Nasyim Segal, Broker Associate
Boulevard Realty
0 votes Thank Flag Link Tue Apr 2, 2013
Foreign National Loans

Borrowers using TIN Okay
Borrowers with NO CREDIT SCORE
Borrowers with NO SSN
Foreign Nationals {Expatriate}- NO PASSPORT {Must have valid work visa or 30% Down}
70% LTV Purchases
65% LTV Rate & Term Refinance
50% LTV Cash Out {Possible higher if financials are up to par}
Multiple properties OKAY
Corporation purchasing and refinancing OKAY

Richard- El Bey
Avarice Investments
(706) 399-7813 cell
(678) 752-8062 Office
1 vote Thank Flag Link Mon Oct 14, 2013
We can assist you with your lending request, we offer financing for both residential and commercial properties. Down payments range form 25 to 30% down with very competive rates. For more details contact me to discuss.

John Broussard
Newbridge Investments
713-777-9996 Ext 103
0 votes Thank Flag Link Mon Apr 1, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer