How to Finance US RE deals

[christopher]

Welcome all,
I am in desperate need of a lender to finance a property in Volusia county Florida, I have asked for vendor financing/seller carry back of 20% to cover part of the deposit to no avail. Does anyone know if I could use a lo/no doc loan from Australia to invest in the US as I run a home based business, additionally, do any of you know of financial institutions which lend to Australians for US acquisitions. I have read in here before of mortgages brokered in Buffalo and San Antonio; but I am thinking of investing predominantly in Florida.
Any help in this matter will be highly appreciated!
Thanks!

[clayton]

Hey Christopher,
There are tons of Brokers in Florida as this is a market the brits have been into for a number of Years getting a loan on property there for uk citizens is pretty straight forward due to the thousands that have done it already, I wouldn?t bother with a Texas broker when you can got a broker with knowledge of how things work in Florida state
Keep in touch

[son]

Hey clayton,
Are you ready to change your cup to Dubai for better opportunities in proprieties investment or sale ??
if so read my posted message about it and let me know, serious interest with confortable terms and conditions. email: son.you@hotmail.com

Chris, stop by the Florida forum at Magic Bullets in Real Estate: Home I'm sure we can put you in touch with a lender! Dan

[US Investment Loans]

Christopher,

There are no US wholesale lenders that allow for a foreign national to get 80% finaning with them and have the seller hold a 2nd for 20%.

There are 100s of wholesale lenders that mortgage brokers here in the US use but only a handful of them offer loans to investors outside of the US who do not have a ss#.

Highest LTV (LVR in AUS) is 80% with no options for a second (whether owner or instituional from any country).

We have been succesfully financing foreign nationals in TX and can assist any any state where you choose to acquire 1-4 unit properties.

Ben Carmona
Mortgage Planning Consultant
'Specializing in Investment Loans'
First National Mortgage Sources
314-914-6052 (c)
866-226-6309 (f)
EliteMortgagePlanning@BenCarmona.com
BEN CARMONA - MORTGAGE PLANNING CONSULTANT