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Updated about 8 years ago on . Most recent reply

User Stats

202
Posts
87
Votes
Morgan Nilsen
  • Rental Property Investor
  • Sandefjord, Norway
87
Votes |
202
Posts

Leverage options for LLC with foreign owner?

Morgan Nilsen
  • Rental Property Investor
  • Sandefjord, Norway
Posted

Hi, Im a foreigner(Norwegian), with an LLC in Indianapolis. I have 2 houses, and a total of approximately $120.000 in Equity. The company has no debt and about $5.000 in other assets. The LLC was formed in January 2016.

As a foreign owner with no credit history in USA, but with 100% equity in two properties, what are my options for leverage at this stage?

My company cashflows about 700 per month if that is relevant.

Thank you so much for your help

Most Popular Reply

User Stats

253
Posts
112
Votes
Louise A.
  • Investor
  • Seattle, WA
112
Votes |
253
Posts
Louise A.
  • Investor
  • Seattle, WA
Replied

Hey Morgan!  I've asked all my lenders, and they'll only work with you if you live in the state.  Totally unfair.  Let me know if you find anyone doing what you're looking for.  Dialing for dollars is in your future!  

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