Seeking advice from professionals in Ft Lauderdale regarding non US residents looking to invest in home properties and foreclosures

Asked by Tauri, Fort Lauderdale, FL Fri May 3, 2013

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13
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Mon Nov 11, 2013
Foreign National Borrowers
60% Loan to value/$300k Minimum loan
Sourced funds from a “known” Financial Institution
Evidence income from country of Origin
3 Alternative trade lines
Mortgage history or evidence of current housing payment
Must have or apply for Tax payer ID number
Investment properties on exception basis
0 votes
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Sun Jun 2, 2013
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Tauri,

See purchase programs at http://www.pro-option.com

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0 votes
Michael Rose…, Agent, Ft Lauderdale, FL
Sun Jun 2, 2013
To answer your question correctly, you'll need a team of at least three people. First, an immigration lawyer, a Certified Public Accountant (CPA) and a Real Estate Agent. If I had to start somewhere, I would start with the CPA :)

Regards,

Michael Rosenbaum
Ocean Realty
(954) 651-8188
0 votes
Annett T. Bl…, Agent, Fort Lauderdale, FL
Tue May 7, 2013
Hi Tauri,

if you are paying cash for your next investment property their is no need of pre-approval from a local lender. If you need to finance your property I would start first talk to your bank in your home country if they are willing to lend to you in the US. If you need a lender in the US and you need to finance your property we should first find out if you qualify for a loan.

I am a foreigner my self investing, working and live in the US and know first hand what needs to be done in regards to financing, investing and immigration requirements.

Feel Free to visit http://www.FortLauderdaleRealEstatedeals.com and get up to date information on properties, property values and neighborhood information.

Call or text me with any question at (954) 543-1794
0 votes
Chad Gray, Agent, Fort Lauderdale, FL
Tue May 7, 2013
Tauri,

Contact me if you would like to develop a relationship with a Realtor who has experience helping non-U.S. residents purchase homes in Fort Lauderdale.

In the meantime, here's a link to all foreclosure properties listed in the MLS (the database used by Realtors): http://luxurylivingfortlauderdale.com/homes-for-sale-toppick…

Chad Gray PA | Realtor
Luxury Living Fort Lauderdale
(at Coldwell Banker Residential Real Estate)
754-300-6040

100% of clients rated our service as "EXCELLENT"!
0 votes
Gary Hitchco…, Agent, Coral Springs, FL
Mon May 6, 2013
The best advice is to get pre-approved for a mortage first. I'd start with a US bank to make sure you meet the employment and downpayment requirements as a foreign investor.
0 votes
FtLauderdale…, Agent, ft lauderdale, FL
Sat May 4, 2013
I am very familiar with non US residents investing in properties. I am currently working with a few foreign investors at the moment. I can guide you in the right direction Contact me at

Tessa Beausoleil
Keyes Company
TessaBeausoleil@keyes.com
1520 E Sunrise Blvd
Ft Lauderdale Fl.
33304

954 297 5394
0 votes
Meir Aloni, Agent, Plantation, FL
Sat May 4, 2013
Good morning Tauri,

We can share our experience with you

Please contact me


With enthusiasm,

Meir Aloni & Team

CRS (Certified Residential Specialist)

CDPE (Certified Distressed Property Expert)

RECS (Real Estate Cyberspace Society)

Successfully selling Broward County since 1986!

Direct phone# 954-338-5220 http://www.WeSellBroward.com
0 votes
Ryan Hanrahan, Agent, Fort Lauderdale, FL
Sat May 4, 2013
Hi Tauri,

I have vast experience assisting international buyers and non US residents in the acquisition of investment property in Fort Lauderdale. From helping you locate ideal properties that fit your investment goals to leasing and managing the properties after closing I can help. Let me know if you have any specific questions as I would be glad to assist you. After speaking I can send you properties that fit your criteria and show you any of interest when you are available. I look forward to hearing from you.

Sincerely,

Ryan Hanrahan, PA
Christopher White Group
954-608-0527
rkh5656@aol.com
http://www.lauderdalebeachproperty.com
0 votes
Rick Scrabis, Agent, Fort Lauderdale, FL
Sat May 4, 2013
Please contact me with your concerns and questions.

Rick Scrabis, Esq.
EWM Realty International
Scrabis.r@ewm.com
954 232 0300
0 votes
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Sat May 4, 2013
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If you plan to purchase property over 160,000 I might be able to help.

See programs below, then contact me to talk about how to minimize payments and reduce out of pocket costs.

1) 100% LTV- VA / (VA Jumbo @ lower ltv)
2) 100% LTV- USDA/12 mo. into Chapter 13 BK…OK Too
3) 99% LTV- FHA / (FHA to 580 score @ lower ltv)

4) 97% LTV- No monthly MI-No FHA 1.75% Fee
5) 95% LTV- CONDO
6) 90% LTV- No PMI -2nd Home
7) 90% LTV- JUMBO
8) 85% LTV- No PMI - Super Jumbo
9) 80% LTV- Invest./Rental
10) 75% LTV- Foreign Nationals

--------STATED INCOME ALT up to Super Jumbo-----------
http://www.StatedIncomeALT.com
11) 80% LTV- FIX n’ FLIP Invest. Prop.
12) 75% LTV- Foreign Nationals
13) 75% CLTV- Short Sale, BK, Foreclosure Forgiveness
14) 70% LTV- Soft and Hard Money
15) LOT/VACANT LAND LOANS
16) COMMERCIAL PROGRAMS-available nationwide

Go to: http://WWW.PRO-OPTION.COM or call 888-662-4404

Steve McRory
Pro Option Mortgage/ Florida
steve@pro-option.com
#204296

Prior Service U.S. Marine Corps
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0 votes
marc jablon,…, Agent, Boca Raton, FL
Fri May 3, 2013
There is no secret to investing in homes in Fort Lauderdale, whether you are a US citizen or a foreign national.

The costs are the same. The procedure is the same. Ask your Fort Lauderdale realtor to help you locate a property that fits your investment parameters. Once you find a property that looks like what you have in mind, make an offer.

If the offer is accepted you make your deposit, inspect, and you proceed toward closing. And that's it.

If you need a mortgage, your options may be more limited than those of a typical US citizen. However, there are a number of banks that are very pleased to lend to foreign nationals for real estate investment.

You'll may want to talk to a mortgage broker about that. Call Preston Ware at 561-329-0075

Once you tell your Fort Lauderdale real estate agent what you have in mind, your agent will start looking for properties that may give you what you want.

Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
JablonTeam@gmail.com
561-213-6139
http://www.JablonTeam.com
Web Reference:  http://www.JablonTeam.com
0 votes
Lynne Knapp, , Fort Lauderdale, FL
Fri May 3, 2013
Hi Tauri,

Per your question on Trulia > Seeking advice from professionals in Ft Lauderdale regarding non US residents looking to invest in home properties and foreclosures

Contact me 'Lynne Knapp' (954) 647-5335 Cellular, or email me the best number and time to call you to chat!

Lynne Knapp, Realtor
ReMax Consultants Realty 1
Ft Lauderdale FL
LynneKnapp@aol.com
http://LynneKnapp.com
http://LynneKnapp.ReMax.com
Web Reference:  http://LynneKnapp.ReMax.com
0 votes
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