Is anyone willing to offer personal loan of a million dollar at 8% interest rate? Your Capital is secured and you will receive it back within 5 years. While loan terms can vary from project to project, EB-5 investors usually receive repayment back within a five-to-seven-year period. #workvisa #h1b #greencard #apple
You are going to end up paying a higher rate for a personal loan if you do not have any asset that will be offered as collateral. May be 12-15% is what you may end up with at which you are paying almost $120k*5 or $600k plus $60k lawyer fees or $660k for GC. I did mine for 1% via interactive brokerage line of credit for just $25k in interest and $50k in filing fees or $75k to get GC in hand and i also got about $30k returns from original $500k. So effectively only paid about $45k for GC. It’s way too expensive now
Hey OP, did you end up making any progress? I am really keen in preparing for the EB5 route, let me know if I could connect over DM ~ thx
I think the rate you are offering for an investment scheme is too low at current market. Risk free savings is 5%, a securitized asset like a house is 7.5% rate. SBA loans are 11-15% rate. Any form of risky investment scheme would easily be 15-20% rate to compensate for the risk. Good to know the market.