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Updated almost 10 years ago on . Most recent reply

Daniel Gura's profile image
Daniel Gura's profile image
Daniel Gura
  • from tel aviv, mercaz
  • Member since Feb 7, 2012
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Daniel Gura's profile image
Daniel Gura's profile image
Daniel Gura
  • from tel aviv, mercaz
  • Member since Feb 7, 2012
Connect
Daniel Gura
  • tel aviv, mercaz
1
Votes |
38
Posts
Private Lending & Conventional Mortgage Advice

Homepath LLC with international investor?

Daniel Gura
  • tel aviv, mercaz
Posted

Hey Guys

My name is Daniel. for the last 3 years I was buying real estate in Detroit area.

Im from Israel and doesnt have any american citizenship. a good friend of mine is a citizen and have a credit score of 729 with a decent job. my question is, can I create an LLC with him and then buy properties and using loans from homepath on his name and credit and have my name on the LLC as well?

thank you

Daniel.

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Michael Smith's profile image
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Michael Smith
  • Real Estate Broker
  • from Greenville, SC
  • Member since Mar 29, 2013
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Michael Smith's profile image
Michael Smith's profile image
Michael Smith
  • Real Estate Broker
  • from Greenville, SC
  • Member since Mar 29, 2013
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Michael Smith
  • Real Estate Broker
  • Greenville, SC
141
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269
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Michael Smith
  • Real Estate Broker
  • Greenville, SC
Replied

In that scenario there's always the risk of activating the DOS clause

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