The Client
Our client, a Singaporean couple, went from novice real estate investors to building a portfolio of 12 U.S. properties in a matter of 4 years, quitting their jobs and establishing themselves as sophisticated real estate investors. They went on to teach others how to do the same.
How We Helped
Our America Mortgages loan officer based in Singapore met with the couple several times prior to helping them create a structure for their first U.S. property. After the first was renovated and increased in value, the used the equity to pull out cash at 70% LTV and use another mortgage to purchase at 75% LTV. They did this over 10 times to create a portfolio.
A clever use of equity and professional and experienced loan structure from our America Mortgages’ loan officer helped create an ongoing stream of passive income.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| Singaporean Citizen | $200,000 (various) | $150,000 | 75% | 8.375% |
| Term | Address | Property Type | Purpose | Loan Type |
| 30-Year Fixed | Cleveland, OH | Single-Family Home | Purchase/Refi | Residential |
