Our client purchased a 4-bedroom single-family home in Florida, intending to fix and flip it. Being a Foreign National made it difficult for him to find a lender who would finance a fix-and-flip property.<\/p>\n\n\n\n
His lack of U.S. credit made it hard for him to find a bank to lend to him. Using AM Fix-\u2019N\u2019-Flip program for Foreign Nationals, we were able to use his local credit, and the client was able to get a loan amount based on the ARV. Within a month, the deal was closed. (Also see Can a Canadian Buy a House in the USA?<\/a>)<\/p>\n\n\n\n The Client Our client purchased a 4-bedroom single-family home in Florida, intending to fix and flip it. Being a Foreign National made it difficult for him to find a lender who would finance a fix-and-flip property. How We Helped His lack of U.S. credit made it hard for him to find a bank to lend […]<\/p>\n","protected":false},"author":4,"featured_media":5692,"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":[27,14,24],"tags":[37,299,301,254,298,300],"am_country":[],"am_audience":[],"am_format":[],"class_list":["post-5677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies","category-foreign-nationals","category-residential","tag-canadian","tag-fix-and-flip-property","tag-local-credit","tag-self-employed-borrowers","tag-single-family-home-in-florida","tag-us-residential-mortgage"],"acf":[],"qubely_featured_image_url":{"full":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-scaled.jpg",2560,1707,false],"landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-scaled.jpg",1125,750,false],"portraits":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-scaled.jpg",480,320,false],"thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-150x150.jpg",150,150,true],"medium":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-768x512.jpg",580,387,true],"large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-1024x683.jpg",580,387,true],"1536x1536":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-2048x1365.jpg",2048,1365,true],"qubely_landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-scaled.jpg",1125,750,false],"qubely_portrait":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-scaled.jpg",480,320,false],"qubely_thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-scaled.jpg",140,93,false],"post-thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-1200x800.jpg",1200,800,true],"twentytwenty-fullscreen":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/09\/pexels-binyamin-mellish-1396122-1-min-1980x1320.jpg",1980,1320,true]},"qubely_author":{"display_name":"Premela R.","author_link":"https:\/\/www.americamortgages.com\/author\/premela-r\/"},"qubely_comment":0,"qubely_category":"Case Studies<\/a> Foreign Nationals<\/a> Residential<\/a>","qubely_excerpt":"The Client Our client purchased a 4-bedroom single-family home in Florida, intending to fix and flip it. Being a Foreign National made it difficult for him to find a lender who would finance a fix-and-flip property. How We Helped His lack of U.S. credit made it hard for him to find a bank to lend…","_links":{"self":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/5677","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=5677"}],"version-history":[{"count":14,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/5677\/revisions"}],"predecessor-version":[{"id":12005,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/5677\/revisions\/12005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media\/5692"}],"wp:attachment":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media?parent=5677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/categories?post=5677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/tags?post=5677"},{"taxonomy":"am_country","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_country?post=5677"},{"taxonomy":"am_audience","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_audience?post=5677"},{"taxonomy":"am_format","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_format?post=5677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Loan Details<\/h3>\n\n\n\n
Nationality<\/td> Property Value<\/td> Loan Amount<\/td> ARV<\/td> Rate<\/td><\/tr> Canadian Citizen<\/td> $750,000<\/td> $487,500<\/td> 65%<\/td> 7.25%<\/td><\/tr> <\/tr><\/tbody><\/table><\/figure>\n\n\n\n Term<\/td> Address<\/td> Property Type<\/td> Purpose<\/td> Loan Type<\/td><\/tr> 18 Months<\/td> Orlando, Florida<\/td> Single-Family Home<\/td> Fix-and-Flip<\/td> Residential<\/td><\/tr> <\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"