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Updated about 3 years ago on . Most recent reply
Investing with non-citizens
Hello All,
Wanted to see if anyone else went through the same experience. I'm looking at buying an 9 plex in Maryland for about $2m with another partner. He would put 75% of the downpayment and I would put 25, making us 75/25. The problem is that he is not a US citizen or even lives in the US and I'm having trouble finding commercial lenders that would lend to us. He has an LLC formed in Florida and Tax id, but no US income or anything yet. Has anyone done anything similar?
Thanks in advanced.