Looking to purchase an investment property in the United States, then this is the perfect time to do so. Prices are starting to rebound in the Central Florida and the Orlando Fl area market. Prices are starting to rise and there is still a chance for you to purchase a brand new construction home at a very reasonable price.
As prices are rising you will be in a position to purchase a home and see your investment property increase in equity as the prices rise in a hot market. Foreign investors are so anxious to purchase real estate in the US before the housing recovery pushes the prices much higher.
You will need to decide if you are purchasing a home to use as an investment property and generate rental income either short term or long term (yearly rentals). We also have new construction homes that you can purchase to use as a vacation home each year and visit all the attraction here in Central Florida. The remainder of the time we can manage your home as a short term rental and generate income for you while you are not using your home.
European investors that use the Euro can also benefit by getting at least a 30% to 33% increase in the value of your purchase because the Euro dollar conversion rate is higher. So, for every Euro of the Euro to the US dollar. This is a significant equity position that you will gain over other foreign investors. The British Pound has a favorable conversion/trade making purchasing a home in Central Florida a realistic and affordable option.
The new construction homes that you can purchase will be at least 30% less expensive because of the conversion rate and will give you greater purchasing power to get a home that will generate rental income for you over the next few years.
We also have two banks that can help you finance your next purchase in the United States. You will need to put down at least a 30% down payment to qualify for these loans. Off course, you can always purchase your next investment property with cash. People that are not US citizen are considered Foreign Nationals that can purchase a home with a mortgage. The mortgage process is simple and have guidelines that are easy to follow and complete. We are here to help you with this process.
You will also need to apply for and get an ITIN number (Individual Tax Identification Number) with the IRS (Internal Revenue Service) to be able to rent these homes in the US and receive the rental income into your bank account. I have a professional that can help you apply for this paperwork and help you with this process.
We have many new construction communities that will offer a great opportunity for you to invest and purchase a second home or investment property in the following the Park Square Communities and Champions Gate. These homes are in communities that offer great amenities, centrally located to the Disney World and Universal Theme Parks. The communities allow short term rentals and can provide a great income stream for investors and second home owners. You can use the home and book your vacation every year and the rest of the time let us manage your home as a vacation rental.
Keep the home for a few years while the price of your community increase. This will give you some equity growth that you will not be able to get in the stock market.
We have a few communities that we can show you for sale. We have Reunion Vacation Homes for Sale, Champions Gate Vacation Homes. Call Wendy Morris direct at 407-575-5392 to get started. Enjoy your next getaway in your Investment Vacation Home.