Why Get a New Purchase Loan?
Lower your entry barrier
You can start owning US real estate with as little as $50K investment. This enables US foreign investors to afford investing in the US real estate market.
Triple your buying power
By using other people’s money (i.e. a loan) you can buy a property that costs up to three times the amount of your existing equity. If you have $300,000 of equity, you can buy a $200,000 home through financing.
Diversify your investment
If you have $300,000 of equity, you can either purchase one home worth $300,000 or you can finance and then be able to invest three $100,000 homes. Your equity is then spread into three properties thus lowering your risk on each property.
