Here in California, we are able to lend up to a purchase price of $1.6MM with as little as 10% down to an H-1B visa holder (as well as other types of visas). The key challenges one will face relate to history. It is generally best that you have a 2-year tax return history and at least 2 years of US credit history. Again, much of this is program specific, but if you're looking for a jumbo loan with less than 20% down, these would be some of the key factors.
If the loan type is conventional, there is even more flexibility and the history requirements can be offset by other attributes.
I am happy to help with any of these scenarios and am very familiar with the requirements.
If you need to sell fast, We Buy Houses Chicago is a good resource. Depending on who you're working with, the process can smooth if you don't have any issues. Http://wepayucashforhouses.com is a good company. They explain and fully disclose everything regarding the transaction.... more
Hi, There are many choices as a new agent. You want to speak with at least 3 different Brokers before making your decision. everyone will of course say that they have the best to offer but you will want to meet with the Brokers directly. Don't let them pass you off on another staff person. If the Broker is too busy to meet with you initially, imagine how difficult it may be when you actually need help.
Look for Training, Support, Mentoring Coaching, Leads, Technology, Marketing, Low or NO Monthly Fees is always a plus. Also, as a new agent, I would stay away from 100% companies as they don't have the resources to invest in systems, marketing, training and infrastructure. After you get a few years under your belt and can hire private coaching, I would consider 100% companies then.
I hope this helps. This is a little info about EXIT Flagship Realty: https://youtu.be/fEBLkF97WVc
Melvin S. Yates II, Broker - call/text - (301) 841-7629 Melvin@ExitFlagship.com www.ExitAgentCareer.com... more
Hi- From a numbers standpoint, you'll probably be better off in Poway/SR/RB, mainly due to HOA fees. Downtown SD and the newer areas of San Marcos/San Elijo Hills are generally higher in HOA fees, and some condo complexes have Mello Roos taxes as well. I have a few complexes I can recommend that are excellent for investment purchases -- call me if you'd like to discuss -- 619-972-1724.... more