partnership with a foreign investor

[Cade Antonucci]

I am currently a real estate investor and I have a roommate from college who is a resident of Germany who wants to get into purchasing real estate in the united states with me. I would like to create a partnership with him so he can obtain financing in the United states with me to purchase property. If a bank were to look at this situation would we be able to take both of our salaries to satisfies the banks debt to income ratio or would it be all on me because I am the domestic resident?

[Marcus Auerbach]

Only yours. And be very careful with partnerships, 99% break at some point, so DO have an exit mapped out when you draw up the partnership agreement!