Real Estate Financing in the USA for non-resident aliens
Often local banks will not seriously negotiate with non-residents due to their restrictive corporate credit policies. This forces the otherwise creditworthy foreign buyer to tie up considerable capital in commercial real estate purchases. CRGB, located in Sao Paulo has partnered with several Miami based lenders to facilitate non-resident credit when the foreign buyer qualifies with sufficient means to demonstrate the ability for repayment.
Specific Products include:
Bridge Loans for Commercial Real Estate:
An interim financing for real estate projects pending permanent financing takeout.
Can be used for financing the initial cost of commercial real estate for a period of up to 3 years. Loans between $250,000 to $15,000,000
Residential Fix and Flip Loans
These loans apply to non-owner occupied real estate investment properties of between 1 and 4 units. Loan amounts between $75,000 up to $5,000,000.
Multi-Family Fix and Flip/ Fix and Hold
This program is targeted at Multi-Family properties, typically those with less than 100 units which require renovation and lease -up to stabilize rent rolls.
Loan amounts; $500,000 to $15,000,000.
Senior Loans for land purchase and construction of single and multi-tenant retail properties
Loan amounts between $1,000,000 and $15,000,000
Real Estate Investment Opportunities
Depending upon the client’s investment criteria we have identified a number of commercial and residential real estate investment opportunities that offer secure alternatives to other more volatile investments. Condominiums, rental buildings and mixed-use properties can afford the investor better than average returns and, in some cases, may even qualify for EB-5 Visas.
Cash out from Existing USA Real Estate
If you own free and clear Real Estate in Florida, CRGB can via its partners In the USA provide to qualified borrowers a re-financing to enable you to leverage on your existing equity
Financing for Second Homes and Apartments
Depending upon the borrower’s qualifications, we can assist nonresident buyers to obtain up to 80 % financing for up to 30 years, often with fixed rates up to 7 years.
