Investment Highlights
| Property Details | Loan Details | HomeAbroad Solutions |
|---|---|---|
| Purchase Price: $1,040,000 | Program: DSCR Loan (30-year Fixed) | HomeAbroad DSCR Loan |
| Location: Orlando, Florida | Loan Amount: $780,000 | HomeAbroad Real Estate Agent |
| Monthly Rent: $17,500 | Down Payment: 25% ($260,000) | LLC Formation Service |
| Rental Yield: 12% | Interest Rate: 7.25% | Concierge Service |
Azra Kaya, an entrepreneur from Turkey was not just looking to invest in US real estate. She was preparing for a major life shift. Her goal was to build a hands-on short-term rental business, move her family to the US, and qualify for an E2 visa through that investment.
With no US credit history or residency, she needed more than a mortgage. She needed a trusted partner to help her structure the entire journey from business planning to financing to visa documentation. That is where HomeAbroad came in.
Azra’s Vision: A New Life and Business in the US
Azra was looking to build a future in the US with her investment.
After years of successfully running boutique rentals in Istanbul, she had a bigger vision that involved relocating her family to the US and building a short-term rental business she could manage personally.
Her goal wasn’t passive income. She wanted to create a fully operational, guest-focused business that could grow steadily, generate jobs, and support her family’s new beginning in Orlando, Florida.
At HomeAbroad, we have helped hundreds of global investors like Azra get success in US real estate, from research, market analysis, mortgage to business structuring.
The Challenges She Faced
While Azra had a clear vision and years of business experience, stepping into the US market came with its own share of obstacles.
Here are some challenges that she faced:
- No US credit history or Social Security Number, which disqualified her from traditional mortgage options.
- No legal residency status, making it difficult to set up a business entity and open a bank account.
- Visa restrictions that required an “active” business, not passive rental income.
- The need to create US jobs, an essential requirement for a successful E2 application.
- Entering the US real estate market remotely, without local connections or firsthand access.
- Lack of clarity on visa-compliant structuring, such as LLC formation and fund tracing.
As a PropTech and FinTech platform that is trusted by investors from all over the world, HomeAbroad specializes in solving these exact challenges for foreign nationals entering the US real estate market.
How HomeAbroad Helped Azra Build a Visa-Ready Investment Business
While looking for options, Azra stumbled across HomeAbroad, where we combine years of experience with technology to simplify the US real estate investment journey for global investors.
Our PropTech and FinTech platform is built to support you in every step, from financing and LLC setup to property search, banking and visa documentation.
We are not just a mortgage lender; we are a one-stop shop with deep expertise in E2 visa eligibility.
Here’s how we supported her across every stage of the journey:
Discovery and Strategy
We began with an E2 feasibility audit to size the investment and build a hiring plan. Using our Ziffy.ai platform, we modeled cash flow and ROI across Florida’s best short‑term‑rental ZIP codes, giving Azra a clear, data‑backed path to visa eligibility.
Property Selection and Negotiation
After analyzing dozens of options, we helped Azra short-list three high-yield vacation homes near Disney in Orlando. We then introduced her to a local HomeAbroad agent who specializes in working with investors. With their help, she successfully negotiated the purchase at 4 percent below the asking price.
75 Percent Financing Without US Credit
We then connected Azra with a dedicated HomeAbroad loan officer who specializes in financing for foreign nationals. The officer guided her through every step, from collecting documents to reviewing rate options and closing costs. With this hands‑on support, Azra secured a $780,000 Foreign National DSCR Loan and received full approval in just twelve days.
LLC Formation and Remote Banking
To align with both lending and immigration guidelines, we helped Azra form a Florida-based LLC. We also assisted in opening a US business checking account remotely, which was completed within 48 hours.
Operations and Business Setup
We arranged comprehensive insurance, connected Azra with a licensed property‑management firm, drafted guest‑communication SOPs, and installed dynamic‑pricing software to maximise occupancy from day one.
Property Details
Azra chose to invest in Orlando, Florida because of its high demand for vacation rentals. The three properties she acquired are strategically located near Disney and designed to attract families and international travelers.
DSCR Loan Details
Azra used HomeAbroad’s foreign national mortgage program tailored for short-term rental properties. She qualified for a DSCR loan, with no US income, residency, or credit history required.
DSCR Calculation and Qualification
Azra was successfully able to secure our DSCR Loan of $780,000 with a 7.25% interest rate for a 30-year fixed mortgage.
Here’s a breakdown of the calculation:
- Monthly Rental Income: $17,500 (combined across 3 STR units)
- Monthly Principal & Interest: $6,700
- Monthly Taxes & Insurance: $1,000
- Total PITIA: $6,700 + $1,000 = $7,700
DSCR = $17,500 / $7,700 = 2.27
A DSCR above 1 means the property’s income exceeds the monthly debt obligation. At 2.27, Azra’s properties more than covered their financing needs, meeting the essential DSCR requirement of HomeAbroad.
Investment Analysis
To ensure this investment was viable long-term, we analyzed the returns, cash flow, and scalability potential. Azra’s properties demonstrated robust returns, and the projected cash-on-cash return exceeded industry benchmarks for both global and local investors.
- Total Property Value: $1,040,000
- Annual Income: $210,000
- Annual Expenses: $172,000
- Annual Cash Flow: $38,000
- Cash-on-Cash Return: 14%
The Outcome
Seven months after our first conversation, Azra received her E2 visa from the US Consulate in Istanbul. Her application was approved for five years, with the option to renew.
Her short-term rental business, Kaya Ventures LLC, is now fully operational. It employs a full-time property manager, three part-time staff, and continues to work with several local vendors in Orlando.
The portfolio of three vacation homes is projected to deliver a 14 percent cash-on-cash return in its first full year.
Azra and her family have successfully relocated to Florida. Her children are enrolled in school, and her husband has received unrestricted work authorization. With a proof of concept in place, she now plans to expand the business by adding two more properties in the coming year.
For Azra, this investment was more than just a real estate play. It was a foundation for her family’s future, backed by a business model she could actively manage and grow.
I was honestly overwhelmed in the beginning. I knew what I wanted, but I had no idea how to pull it off from another country. HomeAbroad helped me set up an entire business, step by step. I felt supported through everything, even the small things I didn’t know I needed. Without their team, I don’t think this would have been possible.
Azra Kaya
Key Takeaway
Azra’s story shows what is possible when vision meets the right support. Real estate can be more than a financial investment; it can be the foundation for a new life in the US.
At HomeAbroad, we do not only offer foreign national mortgages, we also deliver structure, compliance, and strategy for real estate success.
With HomeAbroad, real estate investors from E2 treaty countries can access complete support through a single platform that is trusted by global investors all over the world.
