Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Investment Properties in USA : Real Estate Advice

  • All162
  • Local Info20
  • Home Buying77
  • Home Selling17
  • Market Conditions6

Activity 4
Tue Sep 29, 2015
charles 949.232.0828 answered:
Debora,

First determine where you want to buy. For foreign nationals, easy access or major cities are top choices. Second, since the prop would be leased out, a healthy rental market is a must - city with lots of job nearby, low crime rate, decent climate are all important factors to consider.

As for getting a mortgage loan, very few lenders lend to foreigners due to lack of local income and credit. It may still be doable but would probably require a bigger down payment, higher interest rate, and less favorable loan terms in general.


charles
CA Real Estate & Mortgage Broker
... more
0 votes 5 answers Share Flag
Wed Dec 25, 2013
Beholdinternational asked:
I have a property I purchased in 2010 for $65,000 it value at $86, 000-$96, 000 at today market value

I want to buy the apartment complex of across the street and the house on the corn…
0 votes 0 Answers Share Flag
Search Advice
Search

Followers

133