Foreign investor turns to Milo for first US rental purchase

Our client, a savvy foreign stock market investor, turned to Milo to finance their first US investment property purchase. As an expert in rental property mortgages for foreign nationals, Milo provided a tailored loan to maximize the asset's cash flow potential.

The client, well-versed in stocks but seeking to diversify their portfolio, chose to invest in an Airbnb rental in the up-and-coming Myrtle Beach market. Milo specializes not only in foreign national mortgages, but rental income-focused programs like our DSCR loans. By weighing the projected rental income, we qualified the client for a higher 75% LTV.

Myrtle Beach has seen Airbnb income rise 30% yearly since 2019, but our client was hesitant to move funds from stocks given historical higher returns in low rate environments. With Milo's rental income-centric mortgage, their projected monthly rental earnings exceed their mortgage payment by 50%.

In the end, our expertise in loans based on a property's cash flow potential allowed this savvy investor to diversify while maximizing returns. They are now poised to enjoy steady passive income from their first US rental property investment.

The opinions expressed in the Blog are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.