About Us
About
Luvanex Group
Luvanex was created in February 2007 out of a passion and desire to help Real Estate Investors. Since inception, our service offerings have grown to touch on the most vital operations an average real estate investor will experience over the course of their investment career.
Our goal is to simplify these experiences, both pleasant and unpleasant (evictions) and ensure we get your investment properties income producing year-round.
F.A.Q
Frequently Asked Questions
Luvanex is a real estate company that helps foreign investors buy properties in the US, specifically in Atlanta, Georgia, and Charlotte, North Carolina. They offer a program that allows investors to put down 30% of the property’s value and finance the remaining 70% through partner banks.
To qualify for the program, investors need to provide a copy of their passport and two months of bank statements. The minimum loan amount is $100,000, and the property value should be at least $150,000.
Luvanex offers virtual tours of properties through WhatsApp video or Zoom calls. Clients can also assign a representative to view properties on their behalf or visit the US to view properties in person if they have a visa.
The rental income potential varies depending on the property’s value and location. Luvanex aims to achieve a rental income of around 1% of the property’s value per month, but this can range from $1,400 to $1,700 per month for a $200,000 property.
Luvanex has a subsidiary company that handles property management and rent collection. They charge a 10% fee for their services, and the remaining 90% of the rent is sent to the investor’s account.
Luvanex has a structured system for handling late rent payments. If a tenant fails to pay rent, Luvanex will file an eviction notice and work with the tenant to resolve the issue. They also have partnerships with non-profit organizations that can provide assistance to tenants in need.
The mortgage payments can be spread out for 15, 20, or 30 years, with interest rates ranging from 7% to 8% depending on the down payment amount.
No, this program does not guarantee US residency. However, owning a property in the US can provide a basis for applying for a visa or residency in the future.
The benefits include diversifying your portfolio, earning stable rental income, building credit in the US, and potentially gaining access to better loan terms in the future.
The process involves an initial consultation, signing a contract, paying a commitment fee, viewing properties, selecting a property, and closing the deal. Luvanex’s team will guide clients through the entire process and provide support with property management and rent collection.