Real estate investing can be lucrative, but it requires careful planning and strategic approaches to maximize returns. One popular strategy gaining traction among investors is the BRRRR method, which stands for Buy, Rehab, Rent, Refinance, Repeat. This method allows investors to leverage their capital, generate cash flow, and build a robust real estate portfolio. When implementing the BRRRR method, partnering with a trusted mortgage provider like America Mortgages can greatly enhance the investment process.
BRRRR Example
You find a distressed property that you purchase for $110,000 in cash.
You hire a contractor to renovate the property for $25,000.
The property appraises for $200,000.
You refinance at 75% ARV, which means you can pull out $150,000.
You have $15,000 left over.
You repeat the process with your next investment property.
Here is a breakdown of the numbers:
Initial investment: $110,000 + $25,000 = $135,000
After refinancing: $150,000 – $135,000 = $15,000
Available for next investment: $15,000 – $3,000 (est closing costs) = $12,000
This is just an example, and your results may vary. However, this strategy can be a great way to grow your real estate portfolio with little to no money down.
Why America Mortgages
Partnering with America Mortgages offers several advantages for investors implementing the BRRRR method. Firstly, their expertise in the real estate and mortgage industry ensures that investors receive tailored financial solutions aligned with their investment goals. Secondly, our extensive network of professionals, including real estate agents, contractors, and property managers, streamlines the investment process, saving investors time and effort.
For investors who put in the work, the BRRRR strategy can be a great way to build wealth through real estate investing. Connect with us at [email protected]
Here are our 3 types of real estate financing solutions.
1. International Residential
In these countries, we offer onshore financing options. Our value-added is our relationships with local in-country banks, which we have developed over many years and would be hard for an international borrower to access.
Our partners are traditional banks, regional banks, wholesale lenders, and private banks, to name a few. Depending on the country, the minimum loan amount is $500,000 ($150,000 in the U.S. and Thailand).
In the U.S., our service is through our wholly-owned subsidiary, America Mortgages.
Available in these countries:
The Americas
Europe
MENA
Asia
USA
UK
Dubai
Singapore
Canada
France
Hong Kong
Mexico
Spain
Japan
Portugal
Thailand
Italy
Australia
2. Global Bridge Lending
This has been by far our most popular financing request this year, especially since traditional bank lending has been curtailed globally and the need for liquidity is required. These loans are normally first-lien, 1-3 years in tenure, and use the value of the underlying asset to qualify. Loan amounts range between $1-100M.
Here the value proposition is fast funding times, high loan-to-value, and flexibility. Typical use of proceeds are: to purchase more property, make personal investments, improve cash flow, make debt repayment, refurbishment, and cash out before sale, to name a few.
Available in these countries:
The Americas
Europe
MENA
Asia
USA
UK
N/A
Singapore
Canada
France
Hong Kong
Spain
Thailand
Portugal
Philippines
Italy
Australia
3. Structured Real Estate Credit
These are larger, more complicated structures, often involving multiple levels of the credit stack. The minimum loan amount is $50M (lower on a case-by-case basis). Typical use of proceeds are: acquisition financing, last-mile development financing, construction loan, special situations, and distressed opportunities, to name a few.
Real estate has long been a favoured investment choice for many global investors, including U.S. expat and non-resident investors seeking long-term returns. With the current market conditions and volatility, experts have been making their case for investing in hard assets like real estate.
Experts suggest that real estate investments are less susceptible to short-term market fluctuations and offer more stable returns over the long term. They also offer an inflation hedge, as real estate prices tend to rise along with inflation, preserving the purchasing power of investors, regardless of their residency status.
Another reason for investing in real estate is the ability to generate passive income through rental yields. Rental yields tend to be stable and can provide investors with a steady source of income. This makes real estate a popular choice for U.S. expat and non-resident investors seeking regular cash flow and long-term capital growth.
There are also various ways to invest in real estate, such as direct ownership, real estate investment trusts (REITs), or private equity funds. This diversity of investment options provides investors, including U.S. expats and non-residents, the flexibility to choose the best option that fits their investment goals, risk tolerance, and liquidity requirements.
For those looking to invest in real estate, experts suggest that research and due diligence are crucial. This involves understanding the local property market and the specific risks and opportunities associated with the investment. In particular, U.S. expats and non-resident investors need to consider factors such as local demand and supply dynamics, rental yields, potential regulatory changes, and tax implications that may impact their investment.
Experts advise investors to work with experienced and reputable professionals, such as real estate agents, brokers, and lawyers, who can provide guidance and support throughout the investment process. This is particularly important for U.S. expat and non-resident investors who may need to become more familiar with the local market or regulations. By partnering with America Mortgages, investors gain access to specialized expertise in international transactions and a deep understanding of the real estate landscape.
Together with our trusted network of professionals, we ensure that you receive comprehensive assistance and make informed decisions in your real estate ventures.
Investors also need to consider the financing options available to them. America Mortgages specializes in providing tailored financing solutions to address the unique needs of non-resident investors. We understand the challenges they face and we offer a range of financing options for non-resident investors.
Finally, experts suggest that investors need to have a long-term perspective when investing in real estate. Real estate is not a get-rich-quick scheme and requires patience, diligence, and a willingness to ride out market fluctuations.
Investing in real estate is an attractive option for investors seeking stable returns, passive income, and a hedge against inflation. With a variety of investment options available and long duration fixed rates, real estate can provide investors, including U.S. expats and non-residents, with a valuable addition to their investment portfolio.
In the world of real estate investing, America Mortgages is your trusted partner. We specialize in serving U.S. expat and non-resident investors and understand the unique challenges and opportunities that these investors face. With our extensive experience and expertise, we provide tailored solutions to help you navigate the exciting world of real estate investment. From competitive mortgage rates to personalized guidance, we are committed to helping you make informed decisions and succeed in your real estate endeavours. Contact us today to explore the opportunities that await you with America Mortgages. [email protected].
The rental market in the U.S. has been on fire since 2017, and it’s only getting hotter. The number of renters has increased by over 10% since then, and this trend is expected to continue for years to come. RentCafe’s recent study indicates that this spring, renters are highly active in areas where living is affordable and job opportunities are abundant. This is great news for foreign nationals and U.S. expat investors who are looking to invest in the U.S. rental market.
Rental Trends in the U.S.
The rental market in the U.S. is booming, and it’s not just because of the economy.
The rise of remote work has created a huge demand for short-term rentals. People who work from home or travel often need temporary housing while they’re away from their permanent homes, and many landlords have taken advantage of this trend by creating short-term apartment rentals that are perfect for people who don’t want to commit to long leases but still want access to amenities like laundry facilities or gyms.
The pandemic also had an impact on rental trends: many people lost their homes during this crisis as well as their jobs. This created an increased need for affordable housing options throughout most major cities across America–and many landlords were happy to fill those needs by offering lower prices than ever before!
The Most Popular U.S. Rental Markets
The hottest rental markets in the U.S., according to the RentCafe study, are Atlanta, Kansas City, Albuquerque, and Detroit. These markets share important traits, such as being relatively inexpensive and having healthy economies. This makes them attractive options for foreign nationals and U.S. expat investors who are looking to invest in the U.S. rental market.
Florida’s warm climate and low tax rates have attracted many buyers and renters, with Orlando ranking in the top 10 and Fort Lauderdale placing 25th in RentCafe’s study. Properties marked as favorites in these markets have increased by more than 150% in a year, indicating significant interest in these areas.
America Mortgages can help foreign nationals and U.S. expat investors take advantage of these hot rental markets by offering financing options that cater to their unique needs. With the right mortgage, foreign nationals, and U.S. expat investors can invest in the U.S. rental market and take advantage of the opportunities presented by these hot rental markets.
The Benefits of Investing in Rental Properties
You can also benefit from the financial advantages of rental investments. Rental properties have the potential to appreciate in value over time, which means that you can sell your home at a profit or use it as collateral for a loan. In addition, you’ll be able to deduct expenses like mortgage interest and property taxes on your federal income tax return each year.
Rental properties are also attractive because they can help diversify your portfolio by providing an additional source of income outside of stocks and bonds. If you live in an area where housing prices are rising quickly–or if you’re looking for an investment that will provide more stability than stocks do–rental properties may be worth considering as part of your overall financial strategy.
The rental market in the U.S. is booming. If you’re looking to invest in real estate, now is the time!
America Mortgages can help non-resident investors with financing needs by offering a range of mortgage options that cater to your unique needs. For example, we offer non-QM loans, which are designed for borrowers who do not meet traditional lending requirements, such as foreign nationals and U.S. expat investors.
These loans often have more flexible underwriting guidelines, making it easier for these borrowers to secure financing. With a team of experienced professionals and a commitment to personalized service, America Mortgages can help you achieve your goals. Get in touch today to learn more at [email protected] or visit www.americamortgages.com.
As a foreign national or U.S. expat investor, there are times when you need liquidity fast than traditional banks may be able to move. America Mortgages’ bridge loans help investors bypass the complexities and time constraints of conventional financing, providing a seamless, efficient and quick solution for releasing liquidity or funding an acquisition.
What is a Bridge Loan?
A bridge loan, also known as interim financing, asset based or gap financing, is a short-term loan used by borrowers to cover immediate cash needs while awaiting long-term financing or the sale of an asset. America Mortgages offers flexible, bespoke bridge loans designed to suit the unique requirements of foreign nationals and U.S. expats investing in the American real estate market.
Liquidity Issues? America Mortgages Bridge Loans to the Rescue!
When it comes to real estate investments, liquidity issues can arise for both foreign nationals and U.S. expats. America Mortgages’ bridge loans provide the perfect solution, as they enable investors to access funds quickly, helping them overcome any short-term financial hurdles. By choosing America Mortgages, you can rest assured that your investments are in safe hands, as our team works diligently to ensure a smooth and hassle-free experience.
Benefits of AM Bridge Financing for Foreign Nationals and U.S. Expat Investors:
Speed: Our bridge loans provide quick access to funds, allowing you to seize lucrative investment opportunities as they arise.
Flexibility: America Mortgages offers tailored loan solutions, adapting to the unique needs of foreign nationals and U.S. expats investing in the American property market.
Expertise: Our team of professionals has extensive experience in the mortgage industry, ensuring that your investments are well-guided and secure.
Competitive Rates: By working with America Mortgages, you gain access to competitive interest rates and loan terms, making your investment journey more cost-effective.
America Mortgages is a leading mortgage provider specializing in helping foreign nationals and U.S. expat investors obtain bridge financing for their real estate needs. With extensive experience in the industry, America Mortgages has tailored solutions for overcoming liquidity issues and bridging the gap between property transactions.
America Mortgages is committed to empowering foreign nationals and U.S. expat investors with the necessary financial tools to succeed in investing in the U.S. real estate market. Our bridge loans offer a fast, flexible, and reliable solution for overcoming liquidity challenges and supporting your property investment goals. Get in touch with us today and discover a world of opportunity in the American real estate landscape. [email protected]
Singapore/Texas – America Mortgages and Steadily Insurance have announced a strategic partnership to provide comprehensive protection to homeowners across the United States. This partnership brings together the expertise of two industry leaders, combining America Mortgages’ deep experience in the Foreign National and U.S. Expat mortgage industry with Steadily Insurance’s innovative approach to protecting homeowners from unexpected risks.
Under this partnership, America Mortgages will offer its customers Steadily Insurance’s comprehensive homeowners insurance coverage. Steadily Insurance’s coverage includes protection for a wide range of risks, including damage from natural disasters, theft, and liability claims. Customers of America Mortgages will now have access to this comprehensive coverage, allowing them to protect their homes and possessions from a variety of risks.
“We’re thrilled to partner with Steadily Insurance to offer our customers comprehensive protection for their investment properties,” said Robert Chadwick, CEO of America Mortgages. “This partnership is a natural fit, as both of our companies are committed to helping homeowners achieve their goals of investing in U.S. real estate while also providing them with the protection they need to safeguard their investment properties.”
About America Mortgages
Founded in 2019, America Mortgages, Inc. is a wholly-owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages, headquartered in San Antonio, Texas, with representation in 12 different countries. America Mortgages is the leading mortgage originator with one focus, providing U.S. mortgage financing for Foreign Nationals, Non-U.S. residents, and U.S. expats living and working abroad. With a focus on providing personalized service and competitive rates, America Mortgages has helped thousands of customers across the world secure the financing they need to purchase or refinance their U.S. real estate.
America Mortgages is committed to building quality, long-term relationships with its partners, such as Private Banks, EAM, Family Offices, Realtors and other mortgage brokers located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience.
Steadily is a mobile-first, direct-to-consumer insurance service founded by industry experts. With a focus on providing top-rated customer experience and a range of policies designed to meet customers’ needs, Steadily is poised to revolutionize the insurance sector. Headquartered in Austin, Texas, and Overland Park, KS, Steadily is supported by notable investors, including Matrix Partners, Zigg Capital, Nine Four Ventures, and SV Angel.
Customers can learn more about Steadily landlord insurance services and get a quote by visiting https://www.steadily.com. Stay connected with Steadily on Twitter @SteadilyInsure and Facebook.com/Steadily Insurance.
Are you an American expat residing overseas, earning income from your foreign assignment, and filing U.S. income tax returns? America Mortgages has got your back with a specially designed U.S. Home Loan Mortgage program that considers your situation. With PrimeSelect, you can use two years of your U.S. tax returns and your monthly foreign income to qualify for a mortgage, just like you would if you were in the U.S.
The global credit crunch, which resulted from U.S. banks’ cavalier attitude towards mortgages and other loans, has made it more challenging to obtain a mortgage from a U.S. lending institution. This difficulty is compounded for expats since many lenders won’t consider lending to foreign-earned income. However, America Mortgages PrimeSelect offers you the opportunity to invest in U.S. real estate at prime rates, terms, and programs, regardless of your location.
To qualify, you must prove your employment and financial stability and have sufficient funds to repay the loan. Having a larger deposit will provide more mortgage options. America Mortgages PrimeSelect allows up to 90% financing for a second home purchase, and the LTV ratios are generally around 80-90%. The maximum term for the mortgage is 30 years, regardless of age.
Unlike other programs that restrict LTV for U.S. expats with foreign-earned income, America Mortgages PrimeSelect has a debt-to-income ratio limit of 45%, allowing more flexibility due to the fluctuation of the U.S. dollar to other currencies.
With a wide range of mortgage products, including variable or fixed-rate mortgages, interest-only mortgages, and no prepayment penalty loans, America Mortgages has got you covered. If you have the income, but it doesn’t show on your U.S. tax returns, America Mortgages StatedSelect allows you to state your income without providing proof, making the process simpler.
To qualify, you need to supply two years of U.S. tax returns, two months of bank statements (foreign okay), one month of pay statements, passport or driver’s license, social security card, and U.S. credit score (FICO). At America Mortgages, our associates and partners are available to answer any questions you may have regarding our loan programs. Reach out to us at [email protected].
If you’re a non-U.S. citizen interested in buying an investment property in the United States, you might think getting a mortgage is out of the question. However, this is not necessarily the case. It is possible to obtain a U.S. mortgage even if you are not a U.S. citizen or have a green card.
The type of mortgage you can obtain depends on your residency status. If you are a permanent resident alien with a green card, you can apply for a mortgage in much the same way as U.S. citizens. You will need to provide documentation showing that you have a green card and a social security number. Lenders will look at your credit history and financial situation to determine whether you are eligible for a loan.
If you are a non-permanent resident alien, meaning that you don’t have a green card but you do have a social security number or an ITIN (Individual Taxpayer Identification Number), in that case, you can still obtain a mortgage. To do so, you will need to provide a work permit or special employer-sponsored visa, and lenders will need to verify that you can live and work in the United States for at least three years.
Non-U.S. citizens who do not have lawful residency in the United States are not eligible for Fannie Mae, Freddie Mac, or FHA home loans. However, there are still many options available to them. Foreign national loans are available for non-residents who want to purchase a vacation or investment property in the U.S.
America Mortgages is the industry expert in foreign national loans. We offer two popular programs:
• AM Express+: This program is designed for borrowers who cannot show the required income for various reasons, such as self-employment, lumpy income, or privacy concerns. It doesn’t require income verification, U.S. credit, or residency and has a high LTV (loan-to-value) ratio of 75%.
• AM Investor+: This program is designed for borrowers who can show their foreign income through a simplified process, qualifying much like a U.S. citizen. Rates are comparable to what a U.S. citizen would pay, and the LTV can go as high as 75% without reserves required.
America Mortgages is the only global mortgage originator laser focused on U.S. real estate financing with offices in Singapore, Hong Kong, and Shanghai, London, Paris, and Sydney. They offer borderless mortgages, making it easy for U.S. expats and foreign nationals to purchase property in the U.S. without ever leaving their home country or country of residence.
One of the challenges that foreign borrowers face when trying to obtain a U.S. mortgage is the lack of credit history. It can take years to accumulate enough credit history to generate a good score. However, America Mortgages can accept a foreign credit report instead of a standard U.S. credit report. This is a unique feature that sets America Mortgages apart from other US-based lenders and brokers.
If you are a U.S. expat who files U.S. taxes but works for a foreign company and doesn’t receive a W2, America Mortgages has a program for you. Our expat mortgage program looks at your foreign income just as it would if it were paid in U.S. dollars. Your W2 is offset with other documents, and your loan is processed just as it would if you were in the U.S. This program does require sufficient U.S. credit, but if U.S. credit isn’t an option because you’ve been abroad for many years, America Mortgages has programs for these borrowers as well.
In summary, non-U.S. citizens can obtain a mortgage in the United States regardless if they have a green card or social security number. Foreign national mortgage programs, like the ones offered by America Mortgages, have made it easier for borrowers outside the U.S. to finance second homes or investment properties in the country. These programs allow borrowers to make smaller down payments and receive competitive interest rates. America Mortgages also offers programs for U.S. expats and those without sufficient U.S. credit, making it a welcoming option for almost every type of borrower.
With a mortgage from America Mortgages, any U.K. citizen can buy property in the United States.
No laws in the United States, regardless of nationality, specifically prohibit non-citizens from purchasing or owning property in its states and territories. What was once reserved for the extremely wealthy and British rock stars has become more widely available.
Our lending tiers begin with residential properties valued at a minimum of $200,000, with a minimum loan amount of $125,000, which is perfect for those looking for seasonal vacation homes as a source of rental income. America Mortgages additionally provides commercial, portfolio, and bridge loans, each requiring a minimum loan amount of $1,000,000.
Buying a house in the U.S.
However, since owning property in the U.S. does not grant residency rights, purchasing property there for U.K. citizens may only be the first step. The duration of your stay is legally restricted to the time period allowed by your visa if you are not a permanent U.S. resident. Even so, a path to citizenship (via naturalization) and permanent residency (via substantial real estate investments) in the United States is possible.
U.S. Green Card for U.K. Citizens through property ownership.
For instance, the EB-5 visa, requires a minimum investment of $800,000, can grant one conditional permanent residency or a U.S. Green Card. While this does not grant instant citizenship, it can speed up the process of obtaining U.S. residency, which could eventually result in full citizenship. Owning a property in the U.S. does not count as an investment under the EB5 program. Consult an EB5 lawyer or advisor for more information.
U.S. housing market for U.K. Citizens
Due to several factors, such as an increase in home offices and those with financial means driven by a Fear of Missing Out (FOMO), the housing market in the United States has heated up as it transitions to a post-pandemic economy. But unlike many other countries, the U.S. has no uniform housing market; there are 50 states and one federal district (Washington, D.C.). U.K. citizens who invest in U.S. real estate should keep this in mind.) they provide just as much variety within themselves as they do overall.
Best Place to buy a house in the U.S.
For instance, $400,000 in Texas will buy you a 4 bedroom, 3 bath home, but the same amount will buy you a 1-bedroom apartment in New York City. However, as was already mentioned, U.K. nationals are not required to be among the top 1% of earners to buy a home in the U.S.
Financing U.S. Housing as a U.K. Citizen
America Mortgages provides U.S. residential mortgage services to foreign nationals and U.S. expats residing in the U.K., including U.K. citizens who want to invest in U.S. real estate. Our focus is solely on financing solutions for this specific group of individuals. Our international team of experts is dedicated to assisting you, and we have a wide network of the top 150 U.S. lenders, enabling us to approve 97% of mortgage applications from U.S. citizens and foreign nationals. If you are interested in learning more, please contact us at [email protected]
America Mortgages Inc. is a mortgage broker focusing only on U.S. Expats and Foreign Nationals living overseas. We offer over 150 U.S. bank and lender programs direct to our international clients. America Mortgages is wholly-owned by Global Mortgage Group Pte. Ltd. an international mortgage specialist based in Singapore.
