Dear friends,
I've had such a warm and enthusiastic response to this blog- I'm glad you are so interested as this is absolutely the time for investing in AZ!
Please do not postpone it- JUST DO IT! I started my investments 10 years ago and never regretted it.
Many readers have been asking about available loan options as we know banks in the US are giving buyers a hard time with qualifying.
After searching for a long time we found this very responsive bank in AZ (thanks Sarah!) that provides loans for investors at a rate of around 5.35 % (interests for investors are always higher than those for first time owners).
As for the specific situation of each one of you:
If you are an investor from overseas, a resident of the US with work visa (no citizenship or green card) or a current citizen or green card holder- the bank can provide a loan for 50% of the property's value after checking your application and income information.
Contact me directly if you'd like to apply and have the bank pre-qualify you.
There's no commitment to buy and you'll know if the money will be available for you at the time you decide to move forward.
Don't delay the application if you are seriously planning to invest!
You might be able to buy 2 properties instead of one and still cashflow nicely.
Start the process right now!
Enthusiastically encouraging you :-),
Naomi.
Hi Naomi,
ReplyDeleteIt's very interesting. Which bank is it? I couldn't find a way to contact you directly, so how do I get more details?
Thanks,
Guy