Verifying information - overseas investor

[Aaron Frenkel]

Hello all!

First time poster, but I have been following the forums for a while, as part of my education. I am now a bit of an addict, and looking to know enough to post my own information. To give some background, I am a foreign resident looking to invest in the US real estate market. I have been doing lots of reading up about Tax and other issues, as well as trying to locate a market.

I have a few questions, but I will start with this one, because its critical. I have been informed that as a non US resident, I am not able to obtain conventional finance. Could someone confirm this?

The same source offered their private lender, at rates of 7.25% for 2 years and then increases to 12%. This seems quite high, so I was wondering if someone could confirm this?

Thanks Guys

[Dawn Anastasi]

Hello @Aaron Frenkel and welcome to the forums!

Even those from overseas can invest in the USA market. It can be more challenging, however. Have you connected with some overseas investors here on Bigger Pockets and asked them on how they've gotten started?

Do you have any contacts in Israel who are US citizens who know the US market?

What are the key attributes you are looking for regarding investing in a market?