{"id":2596,"date":"2021-02-08T09:35:45","date_gmt":"2021-02-08T09:35:45","guid":{"rendered":"https:\/\/www.americamortgages.com\/?p=2596"},"modified":"2024-07-18T01:52:27","modified_gmt":"2024-07-18T01:52:27","slug":"swiss-citizen-working-as-a-chef-in-munich-buys-an-apartment-in-ohio-to-rent-out-for-income","status":"publish","type":"post","link":"https:\/\/www.americamortgages.com\/swiss-citizen-working-as-a-chef-in-munich-buys-an-apartment-in-ohio-to-rent-out-for-income\/","title":{"rendered":"Swiss Citizen working as a chef in Munich buys an apartment in Ohio to rent out for income."},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">The Client<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Our client had a limited budget and nothing available back home or in Munich in his price range. He found a small Single-Family Home in Dayton, Ohio, and came to us about a loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How We Helped<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Our client had two rental properties in Germany that yielded 1% on average and had appreciated less than 8% over a 10-year period. He wanted to put his money to better use, and after extensive research on various global markets, he picked Ohio. As he was referred to us by a colleague who had closed a loan with our parent company GMG last year, he knew the type of financing we could arrange.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No U.S. credit. No U.S. income. Limited down payment. No problem. We were able to arrange 70% financing and closed the purchase within 33 days of entering the contract.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Loan Details<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Nationality<\/td><td>Property Value<\/td><td>Loan Amount<\/td><td>LTV<\/td><td>Rate<\/td><\/tr><tr><td>Swiss Citizen<\/td><td>$145,000<\/td><td>$101,500<\/td><td>70%<\/td><td>5.875%<\/td><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Term<\/td><td>Address<\/td><td>Property Type<\/td><td>Purpose<\/td><td>Loan Type<\/td><\/tr><tr><td>30 year fixed<\/td><td>Dayton, Ohio<\/td><td>Single-Family Home<\/td><td>Purchase<\/td><td>Residential<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Our client had a limited budget and nothing available back home or in Munich in his price range.<\/p>\n","protected":false},"author":4,"featured_media":2595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/template-single-post.php","format":"standard","meta":{"_acf_changed":false,"qubely_global_settings":"","qubely_interactions":"","inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[27,14,23,24],"tags":[],"am_country":[],"am_audience":[],"am_format":[],"class_list":["post-2596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies","category-foreign-nationals","category-purchase","category-residential"],"acf":[],"qubely_featured_image_url":{"full":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-scaled.jpg",2560,1709,false],"landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-scaled.jpg",1123,750,false],"portraits":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-scaled.jpg",479,320,false],"thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-150x150.jpg",150,150,true],"medium":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-768x513.jpg",580,387,true],"large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-1024x683.jpg",580,387,true],"1536x1536":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-1536x1025.jpg",1536,1025,true],"2048x2048":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-2048x1367.jpg",2048,1367,true],"qubely_landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-scaled.jpg",1123,750,false],"qubely_portrait":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-scaled.jpg",479,320,false],"qubely_thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-scaled.jpg",140,93,false],"post-thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-1200x801.jpg",1200,801,true],"twentytwenty-fullscreen":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c15-1980x1321.jpg",1980,1321,true]},"qubely_author":{"display_name":"Premela R.","author_link":"https:\/\/www.americamortgages.com\/author\/premela-r\/"},"qubely_comment":0,"qubely_category":"<a href=\"https:\/\/www.americamortgages.com\/case-studies\/\" rel=\"category tag\">Case Studies<\/a> <a href=\"https:\/\/www.americamortgages.com\/foreign-nationals\/\" rel=\"category tag\">Foreign Nationals<\/a> <a href=\"https:\/\/www.americamortgages.com\/purchase\/\" rel=\"category tag\">Purchase<\/a> <a href=\"https:\/\/www.americamortgages.com\/residential\/\" rel=\"category tag\">Residential<\/a>","qubely_excerpt":"Our client had a limited budget and nothing available back home or in Munich in his price range.","_links":{"self":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/comments?post=2596"}],"version-history":[{"count":15,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2596\/revisions"}],"predecessor-version":[{"id":16466,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2596\/revisions\/16466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media\/2595"}],"wp:attachment":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media?parent=2596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/categories?post=2596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/tags?post=2596"},{"taxonomy":"am_country","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_country?post=2596"},{"taxonomy":"am_audience","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_audience?post=2596"},{"taxonomy":"am_format","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_format?post=2596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}