Video Transcript:
Foreign buyers often use their personal name for Miami property. I see a better way. An LLC creates a powerful shield, separating your business from family assets. I'm David Ghazaryan. Lenders require two sets of documents, one for you and one for the LLC. I structure this paperwork correctly, making loan approval possible. We don't focus on your foreign income. Instead, we use a simple math formula called DSCR. If the property’s rent covers its own bills, you qualify. This DSCR calculation shifts the focus from your personal salary to the property’s performance. This makes financing possible without a U.S. credit history or income. Later, when you sell, the U.S. government has a rule called FIRPTA. It holds back fifteen percent of the total sale price, ensuring taxes are paid. My analysis continues on social media and our website. You can find the full article and more details by checking the links provided in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/florida-llc-investor-loans-a-foreign-buyers-guide
