Australian executive purchases apartment unit in St. Louis, Missouri.

The Client

Our client, an Australian Executive, wanted to invest in an apartment unit that was in an unliveable condition in St. Louis, Missouri, to fix and hold it.

How We Helped

Finding a lender was not easy for our client as he had no U.S. credit. He reached out to us in hopes that we’d be able to assist him. Within 20 days, our team found a lender using his local credit score and ARV and at an amazing rate of 7.85%!

We found the client a very competitive foreign national mortgage, and they were able to take advantage of this Tax Incentive.

Loan Details

NationalityProperty ValueLoan AmountARVRate
Australia Citizen $450,000 $247,500 50% 7.85%
Term Address Property TypePurposeLoan Type
12 Months St. Louis, Missouri Single-Family Home Fix-and-Hold Residential
Nationality Australian Citizen
Property Value$450,000
Loan Amount$247,500
ARV50%
Rate7.85%
Term12 Months
State St. Louis, Missouri
Property TypeSingle-Family Home
Purpose Fix-and-Hold
Loan TypeResidential