finsout
American citizen
Forum posts
4
About me
American
Registration: 01 March 2016
Activity
Puerto Rico Mortgages on Investment property by finsout
Hi All, I am interested in purchasing a rental (investment property) in the West Coast of Puerto Rico. My current income will allow me to purchase the property with out buying the house without putting a large sum down. Does anyone know if ...
Im not out of the woods yet. The link that DavidTX gave me was the one bank that would consider rental history to qualify for the loan. Normally its done with tenants and a year to six month lease, however i will be looking at seven day rental ... Read More
Puerto Rico Mortgages on Investment property by finsout
Hi All, I am interested in purchasing a rental (investment property) in the West Coast of Puerto Rico. My current income will allow me to purchase the property with out buying the house without putting a large sum down. Does anyone know if ...
Thanks for the reply Rey. I would be renting it AirBNB style with a property manager. The unit is in a condo with restricted access and security. I do appreciate the potential pit falls you mentioned. We manage a few properties in NJ that are ... Read More
Puerto Rico Mortgages on Investment property by finsout
Hi All, I am interested in purchasing a rental (investment property) in the West Coast of Puerto Rico. My current income will allow me to purchase the property with out buying the house without putting a large sum down. Does anyone know if ...
Thanks Davidtx, I was using someone at Popular but the issue i was running into was she seemed very novice to the idea of rental history as part of the qualification process. I have enough in savings to cover as much as 30% plus down, however ... Read More
Puerto Rico Mortgages on Investment property
Hi All, I am interested in purchasing a rental (investment property) in the West Coast of Puerto Rico. My current income will allow me to purchase the property with out buying the house without putting a large sum down. Does anyone know if ... Read More