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Updated about 5 years ago on . Most recent reply

User Stats

51
Posts
14
Votes
Alf Holst
  • Rental Property Investor
  • Conyers, GA
14
Votes |
51
Posts

Partnering with a Foreigner to Buy a House

Alf Holst
  • Rental Property Investor
  • Conyers, GA
Posted

My mother, who is not a US Citizen & lives in the Philippines, has expressed interest in purchasing an investment property in the US. She would like to be my partner in the transaction and purchase of the house. I would be the one managing the deal and the property to get it rented. My mother would be the financier, and would like some of the cash flow as I would be keeping 10% of the rent each month for my service.

Has anyone here partnered with someone that lives in a foreign country and not a US citizen? How did you make it happen?

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