Below, you would find answers to some of our most Frequently Asked Questions by prospective global investors.
Our mission is to provide a simplified, trustworthy and professional platform for investors to build wealth, lifestyles and legacies through the United States Real Estate market.
We empower investors with simply proven systems, opportunities and strategies. We offer investors a unique path to some of the most “value-added” investment properties especially in the Southern regions of the United States of America. Our primary focus is the city of Atlanta, in the state of Georgia. However, we have partners in all 50 U.S. states that can easily help facilitate deals.
WHY ATLANTA & WHY NOW?
– #1 Rental market in the U.S. (Forbes Magazine)
– 4th Best city in the U.S. to invest in (CNN Money)
– 2nd Best American city to relocate
– #1 Least costly city in the U.S. to do business
– The Premier growth city in Southern U.S.
– Home to the World Busiest Airport by passenger count (Atlanta Hartsfield Jackson Airport)
– Global Headquarters of Delta Airlines, Coca-Cola, CNN, UPS, the Home Depot.
FREQUENTLY ASKED QUESTIONS (FAQ) by Non-US Residents
– Is it possible to own property in the United States without being a Citizen?
Yes, a foreigner can own property in the U.S. without being a citizen or permanent resident.
– Are some U.S. states friendlier towards foreign home buyers than others?
Yes, for example, it is easier for a foreigner who never lived in the U.S. to own a home in the State of Georgia than Hawaii.
– As a foreigner that has not established US credit and Social Security Number, do I qualify for a mortgage loan?
Most of our foreign investors purchase their investment homes using 100% cash. Cash is king in most markets and has many benefits. We’ve established partnerships with two financial institutions that will only facilitate loans to foreigners who are purchasing an investment home (it cannot be your primary residence) and they require that you have the down payment (30%+) in your U.S. bank account at least 60 days before purchase.
– I just moved to the U.S. and have legal residency status and a Social Security Number, do I qualify for a mortgage Loan?
Not necessarily. To qualify for a home loan you will need a credit score of at least 580. Two years of consistent verifiable income with W2’s from your employer and tax returns. You will also need enough funds as down payment.
– I’ve never been to the U.S. and have no visa. How do I inspect the property before buying?
You don’t have to be the one to physically inspect. A home inspection is an inexpensive way to discover the universal condition of a home. It is important to conduct a home inspection to avoid a costly mistake by purchasing a property in need of major repairs. A good home inspection will assist a buyer in understanding exactly what they are about to acquire.
– Who conducts a home inspection?
A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by home inspectors who have the training and certifications to perform such inspections. We have some well respected ones in the industry on our team.
What’s included in the home inspection?
The standard home inspector’s report will cover the condition of the home’s heating system; central air conditioning system, interior plumbing and electrical systems, the roof, attic and visible insulation, walls, ceilings, floors, windows and doors, the foundation, basement and structure of the house.
– Can I get a Green card by buying a House in the U.S.?
No. You can’t get a Green card simply by buying a house in the U.S. However, through certain verifiable investment programs with the USCIS, you may qualify by investing a minimum amount of $550,000. We suggest that you contact an Immigration Attorney and do you own due diligence.
– Why would I buy a home in the U.S. if I don’t have a visa?
Good question! Today’s investors are no longer bound by location; they are more interested in their returns on investment (ROI) and doing business with trustworthy companies. One of the reasons most of our clients purchase homes here is for investment purposes, being able to generate regular income from rents.
– How do I place tenants in the house if I’m not physically there?
We’ve partnered with some of the most reputable Property Management companies in the land. Here are a few benefits to using Property management services; better rent collection process, shorter vacancy cycles, better tenant retention, lower maintenance and repair costs, increase in investment value, fewer costly and time consuming legal problems.
I’m interested in buying, what’s next?
Next steps would be to get on our phone schedule for a 15-30 minute consultation. The consultation helps us understand your need(s) as a buyer and also gives us an opportunity to explain the entire process and what to expect from us.
How do I pay for the house?
Several states have laws on the books mandating the physical presence of an Attorney or other types of involvement at Real Estate closings. We work with some of the best Closing Attorneys in the industry. Payments for the purchase of your home are made directly to the Escrow Account of the Closing company. The closing company then settles the Seller, brokers, and all parties involved in the transaction accordingly.
Do you only cover the State of Georgia?
No. Although we are licensed to operate within the state of Georgia (presently one of the most rewarding Real Estate markets for investors), we have established partnerships with formidable brokerages across all U.S. states and continue to close deals in all of these states.
What’s the average price of an Atlanta house?
According to a recent article by the Atlanta Journal-Constitution (AJC), the median price of a house (3+ bedrooms) sold in the Metro area is $250,000. Which is 14%+ over the past year. Our current listings for sale are priced between $150,000 and $16,000,000.