How to Buy An Investment Property in America as a Foreigner

Подписаться 9 тыс.

Просмотров 3,3 тыс.

50% 1

The simple way to buy an investment property in America as a foreigner and what you need to have in place to make it easy.
🏘️ Property Accelerator Waitlist 🏘️
Learn how to build a profitable property investment portfolio from scratch! Build a passive income, that has the potential to replace your earned salary, starting with £40,000.
👉 bit.ly/3fyyBpN
🔥 Subscribe
/ @stephenduncombetv
Add Me on Instagram 👍
👉 / stephen_duncombe
🚀 Property Data How To Source Property Deals faster. 👉 propertydata.co.uk/a/stephend
💯Free Crypto ₿
👉 www.coinbase.com/join/duncom_bk
❤️‍🔥 FREE Shares up to £100 Trading212
Create a Trading 212 Invest account and use promo code: 11PWCVs3ON
👉 www.trading212.com/invite/11PWCVs3ON
eToro Invite A Friend 😃
👉 etoro.tw/31PUwhI
📱 EE refer a friend (£25 Amazon voucher) 🎁
👉 referme.to/stephend-131
🌐 Website
👉 www.stephen-duncombe.com/
There’s a few things you should have in place before you buy an investment property in America, these are:
1. An individual tax identification number (an ITIN)
2. A decision on whether you will buy in your own name or company
3. A US Bank Account
00:00 Start
00:33 General process
01:45 - How to Get an ITIN
03:22 - Should you buy in a Company
05:19 - Getting a US Bank Account
07:11 - The American Property Buying Process
13:23 - Your Team on The Ground
#realestateinvesting #buyingprocess #buytolet

Опубликовано:

29 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 14

@user-ew5fd2xu5x 14 дней назад

Really helpful 👍🏻

@SPSNW2023 Год назад

Great video Stephen. Hopefully starting over here first but it's a dream one day for my first USA holiday home. Thanks for sharing 👍

@StephenDuncombetv Год назад

Yes. The U.S. is a great place to holiday.

@niranogundeji2911 Год назад

He Stephen, thanks for sharing this creative way of buying property in US. What's your taught about seller finance/ option in UK. Thank you

@StephenDuncombetv Год назад

It’s possible in any country. It works best in a downward trending or sideways market. The key to it is finding a solution everyone is happy with.

@niranogundeji2911 Год назад

@@StephenDuncombetv Thanks Stephen. Food for taught

@tradingwizard8057 Год назад

have you done a video on your hole portfolio. that would be very interesting to watch. sorry for being noisy lol

@StephenDuncombetv Год назад

Bought and sold a lot over time but yes it would be interesting.

@KM-pq7sr Год назад

Hi Stephen, thanks for putting these videos together. Can I just ask what is the maximum LTV you can get on your US property once you've passed 2 years of accounts? I'm guessing you get higher LTVs on Residential property?

@StephenDuncombetv Год назад

Locals in the US can buy residential with as little as 3% down. But if you’re not a U.S. resident the options will vary. Look up foreign National mortgages and this is the type of mortgage you can obtain. There’s lots of financial institutions in the US that offer money and the smaller lenders are more creative but rates maybe be higher with a good LTV in the good times when the market is going up. Anywhere from 60% to 80% could be achieved depending on the property and location and your financials.

@jafarijones4750 2 месяца назад

If im a millionaire in Dubai and buy rental properties will they take income tax from me or jus taxes on the income I make in the us

@MD-ix3hq Год назад

👍

@Gigi-up8yi 4 месяца назад

Thank you for the video!! I’m an American that currently works and lives in the Uk 🇬🇧. I would like to buy a small house for as a secondary home and then later as an investment property. I will need to get a mortgage but can pay a 20-30% deposit. Will I be able to get a mortgage in Us with a Uk salary? Or is it better for me to try to get a mortgage from the Uk for my us home. Please kindly advise! Thank you so much!

@StephenDuncombetv 4 месяца назад

Hi you won’t be able to get a UK mortgage for a US property. Of you file us taxes you can get a mortgage in the US for your US property.