How to Buy An Investment Property in America as a Foreigner

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  • Опубликовано: 27 окт 2024

Комментарии • 22

  • @GiselaCasuso
    @GiselaCasuso Месяц назад +1

    What a fantastic video this is. Thank you!

  • @LisaBowles-o7y
    @LisaBowles-o7y 4 месяца назад +1

    Really helpful 👍🏻

  • @SPSNW2023
    @SPSNW2023 2 года назад +1

    Great video Stephen. Hopefully starting over here first but it's a dream one day for my first USA holiday home. Thanks for sharing 👍

  • @vanyalbertine1121
    @vanyalbertine1121 2 месяца назад +1

    I want to buy property and renovate and rent it out .I don't know how I can start since I'm a foreigner

  • @wonke-bo4fx
    @wonke-bo4fx 3 месяца назад

    Good video bro❤

  • @tradingwizard8057
    @tradingwizard8057 2 года назад +1

    have you done a video on your hole portfolio. that would be very interesting to watch. sorry for being noisy lol

    • @StephenDuncombetv
      @StephenDuncombetv  2 года назад

      Bought and sold a lot over time but yes it would be interesting.

  • @niranogundeji2911
    @niranogundeji2911 2 года назад +1

    He Stephen, thanks for sharing this creative way of buying property in US.
    What's your taught about seller finance/ option in UK. Thank you

    • @StephenDuncombetv
      @StephenDuncombetv  2 года назад +1

      It’s possible in any country. It works best in a downward trending or sideways market. The key to it is finding a solution everyone is happy with.

    • @niranogundeji2911
      @niranogundeji2911 2 года назад

      @@StephenDuncombetv Thanks Stephen. Food for taught

  • @KM-pq7sr
    @KM-pq7sr 2 года назад +1

    Hi Stephen, thanks for putting these videos together. Can I just ask what is the maximum LTV you can get on your US property once you've passed 2 years of accounts? I'm guessing you get higher LTVs on Residential property?

    • @StephenDuncombetv
      @StephenDuncombetv  2 года назад

      Locals in the US can buy residential with as little as 3% down. But if you’re not a U.S. resident the options will vary. Look up foreign National mortgages and this is the type of mortgage you can obtain. There’s lots of financial institutions in the US that offer money and the smaller lenders are more creative but rates maybe be higher with a good LTV in the good times when the market is going up. Anywhere from 60% to 80% could be achieved depending on the property and location and your financials.

  • @OlaMayor
    @OlaMayor 3 месяца назад

    How much capital does it require to buy property in the US..

  • @Gigi-up8yi
    @Gigi-up8yi 8 месяцев назад +1

    Thank you for the video!!
    I’m an American that currently works and lives in the Uk 🇬🇧. I would like to buy a small house for as a secondary home and then later as an investment property. I will need to get a mortgage but can pay a 20-30% deposit. Will I be able to get a mortgage in Us with a Uk salary? Or is it better for me to try to get a mortgage from the Uk for my us home.
    Please kindly advise! Thank you so much!

    • @StephenDuncombetv
      @StephenDuncombetv  8 месяцев назад

      Hi you won’t be able to get a UK mortgage for a US property. Of you file us taxes you can get a mortgage in the US for your US property.

  • @ElliottWhite-n5k
    @ElliottWhite-n5k 3 месяца назад

    Thank you so much for this. As a uk citizen, would it be possible to secure financing through an llc? Do you have a video on this?

    • @StephenDuncombetv
      @StephenDuncombetv  3 месяца назад

      You can if you have 2 years of accounts with the LLC

    • @ElliottWhite-n5k
      @ElliottWhite-n5k 3 месяца назад

      @@StephenDuncombetv and if you don’t have that, seller financing?

    • @StephenDuncombetv
      @StephenDuncombetv  3 месяца назад

      @ElliottWhite-n5k yes or all cash.

  • @jafarijones4750
    @jafarijones4750 6 месяцев назад

    If im a millionaire in Dubai and buy rental properties will they take income tax from me or jus taxes on the income I make in the us

  • @MD-ix3hq
    @MD-ix3hq 2 года назад +2

    👍