Tag: purchase a Flix-and-Flip property

U.S. Expat buys distressed property in Oregon to fix and sell

Post author By Premela R.
Post date September 2, 2021
No Comments on U.S. Expat buys distressed property in Oregon to fix and sell

The Client

U.S. Surgeon living in Toronto was looking to purchase a Flix-and-Flip property in Oregon as an investment, mainly to earn rental yield.

How We Helped

Fortunately for our clients, situations like this are our specialty. We secured a loan for ARV (after-repair-value) using a short-term bridge loan. Being an expat meant that our client had no W2 and lacked U.S. credit.

Loan Details

Nationality	Property Value	Loan Amount	ARV	Rate
U.S Citizen	$550,000	$302,500	55%	6.55%

Term	Address	Property Type	Purpose	Loan Type
12 Months	Corvallis, Oregon	Single-Family Home	Fix-and-Flip	Residential

Nationality	U.S. Citizen
Property Value	$550,000
Loan Amount	$302,500
ARV	55%
Rate	6.55%
Term	12 Months
State	Corvallis, Oregon
Property Type	Single-Family Home
Purpose	Fix-and-Flip
Loan Type	Residential

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Tags distressed property in Oregon to fix and sell, purchase a Flix-and-Flip property, short-term bridge loan, single-family home, U.S. Expat

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.

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