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Updated almost 11 years ago on . Most recent reply
crowdfunding with funds from foreign investors
I would like to starting an initiative to pool together loaned funds from foreign investors for the purposes of buying rental properties here in the U.S. My questions are:
1. I know there are regulations on money going out of the U.S. but is there a problem with soliciting incoming foreign funds?
2. Does anyone have any guidance on how I should approach this or expertise in this area?
Most Popular Reply
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Hi @Ana Jolie
Our group has worked with many foreign investors over the years and I don't believe there are any issues with money coming in from investors for the purpose of buying real estate.
I also don't believe there to be any issues money going out as long as distributed by a property manager.
Thanks for reading and have a great day.
- Engelo Rumora
- Podcast Guest on Show #89
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