Real estate investment comes in a variety of shapes and sizes. However, even for individuals who are not original nationals of the United States, investing into buying properties in the United States has some wonderful perks that are worth considering.
Leverage is one of the advantages of real estate investing in the United State. To buy a stock or bond, you must pay the full price. This is not the case with real estate. A down payment of 70% to 75% is required for traditional mortgages.
However, Luvanex Realty only requires a 30% down payment. This means you can invest a little upfront and yet have complete control and access to the asset.
However, after the papers are signed, you retain control of the property.
When you combine this with the reality that real estate will always be in demand – though demand may change over time – it’s easy to understand why real estate is such a fantastic option for individuals looking for a solid return on their investment (ROI).
The quantity of paperwork and red tape that you must deal with when investing in real estate is the main issue.
And when you try to invest as an immigrant, these issues are amplified.
This isn’t to say it’s impossible; in fact, with Luvanex Realty as your investment agent, you will have no worries.
We are dedicated to making a positive difference in people’s lives and delivering a positive experience for our real estate investors by offering each customer a one-of-a-kind and exceptional level of service.
Our company appreciate dealing with smart investors, but we also get satisfaction from assisting the majority of our long-term tenants in becoming homeowners.
Luvanex has assisted several couples and young families in settling into their first homes in the United State, as well as walking alongside first-time sellers, guiding them through the process of closing and moving on to the next big home they have worked so hard for.
Read also: How To Invest In Foreign Real Estate In Simple Steps
FIB: A Program Designed For You To Start Investing In Real Estate In The United State.
Luvanex Realty Group launched the Foreign Investor Program and our goal is to make the US real estate investment landscape more accessible to foreign investors from Africa, Asia, and other regions of the world by making conducting business in one of the world’s most prestigious marketplaces as simple as possible.
Luvanex Realty previously served and continues to serve international investors from Nigeria, Ethiopia, South Africa, Kenya, Ghana, India, China, Jamaica, Colombia, and a few more nations.
Because they had no formal ties (such as citizenship or residency status) in the United States of America, these investors had to pay cash for their homes (no financing).
We believe that by launching the foreign investors program, we will be able to change the way international investors do business in the South Eastern region of the United States of America.
We are currently forming a Syndicate (via Luvanex Holdings) dedicated only to international investors, with a concentration on commercial and multi-family investment acquisitions in the cities where we operate.
It’s vital to remember that all Luvanex Subsidiaries are separate entities inside the organization, and each provides a service that complements our main core business of purchasing, selling, and leasing real estate.
Benefits Of FIB (Foreign Investors Program)
The Foreign Investor Program has numerous and indisputable advantages.
In order to acquire a Non-QM loan to purchase a house, you can only put down 30% as a down payment as a foreign investor.
Most situations, the 30% equivalent does not equal the amount of money required to buy a home in the various home nations of the people we assist.
This essentially means that, except a passport bio-data page and a one-month bank statement, no other proof is required.
You can also close on your new house at the nearest US Embassy in your home country, or you can provide your next of kin power of attorney to close on your behalf.
To assure accountability and authenticate the integrity of our service to you, we use a transparent method.
Read also: WHY YOU SHOULD INVEST IN REAL ESTATE NOW
Luvanex Realty provides exceptional service by utilizing a comprehensive understanding of the markets we serve.
We are committed to continually improving our processes, systems, and performance in order to consistently reach the industry’s highest performance standards.
Visit our main website to learn more about our FIB program and to schedule a consultation with us!