Investing in Florida real estate has made many wealthy and that trend is NOT stopping. As one of the fastest growing states, Florida has some of the best economic conditions when considering long term real estate acquisitions. From population growth, advantageous tax structures, great weather, No State income tax, and so much more. There is a reason why it’s one of the top real estate investment destinations in the world. Find out for yourself.
We have personally helped foreign buyers from all over the world as long as domestic clients with getting an investment property loan in Florida. Your qualification for this type of loan will depend on many factors such as type of lender programs available for your parameters, your financial portfolio, credit score and your debt-to-income ratio. We work with many clients who are active real estate investors and serve their needs on a continued basis, as well as first-time investors.
We even have mortgage loans that don’t require income verification, just your future rental income to qualify!
Your loan approval all depend on your application and financial standing. Our goal is to help you get approved and get you ready for your Investor future.
Some of the things you’ll need to get ready are:
-Stated income, but most transactions do not require verification.
-30-40% down payment
-Financial records or portfolio
-Background check information
(there’s more but common sense as the bank will look very closely at who you are to make sure you have the capacity for a mortgage)