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GentleChief

US Investments - Detroit

24% ROI Been a year since we purchased this cutie! Tenant paying 725 per month. Cash-flow Positive gem.

US Investments - Detroit
GentleChief, 25th Feb, 2018
dereklotts likes this.
    • GentleChief
      24% ROI Been a year since we purchased this Cash-flow Positive gem.
      Tenant paying 725 per month.
      MTR likes this.
    • Dean Collins
    • Gunning1987
      Did you purchase with cash or did you find a way to borrow money in the US?
    • GentleChief
      @Gunning1987, I started with Cash (borrowed from Australia on Australian Property), converted it to USD and accumulated a Cash flow portfolio in Atlanta/Detroit over a period of 2 years.

      Once the assets are performing - FIs are willing to Lend.
      And so, then I got a Portfolio Loan from a Non-Bank Financial Institution, called B2R which does not require you to be a Resident/Citizen in the US and continued re-investing in the cycle.... My second loan was with First Key mortgage (FKM) and now working on the 3rd Portfolio lend.

      @MTR & @Karina did the same to keep the cycle flowing...
    • Gunning1987
      That's fantastic information Thanks! Would you mind if I sent you a PM to learn more about investing in the US?
    • Karina
      @Gunning1987 & @GentleChief

      I also managed to finance in the US and used limaonecapital. Gentle chief is a wealth of knowledge. I mainly invest in Atlanta but have been impressed with the portfolio gentlechief has purchased in detroit. He has just assisted me in purchasing my first detroit property. I thought I would give it a try and see how it goes as the returns look very good.
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