50% Foreign Owned LLC

[Starrywater Kennel]

Good afternoon everyone!

I am a Canadian that has been looking at doing BRRRR in the USA, specifically in the Augusta area.

I have a realtor, property manager, and rehab contractor in place.

What I am struggling with is the foreign aspect for me. I know I will be taxed higher on income and it will be harder for me to find financing. My question is would having an American own 50% of the LLC make any difference? Will the LLC eventually have credit of its own that I can utilize or do lenders always look into the LLC owners credit?

Thanks!