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Updated almost 3 years ago,

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0
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Financing options for land (for an alien)

Account Closed
Posted

Not having a greencard seems to be challenging when trying to finance.

I earn high 6 figures, I have millions in investments, no debt, 800 credit score. I am legal alien here under a work visa for 10 years.

Ideally I would be able to leverage money, especially with credit being so cheap right now. I'd like to buy $2 million worth of land to subdivide and develop. To do that, I'd have to sell some current positions and realize gains.. 

Called several land lenders and they won't touch me if I'm not a citizen, and they're very reluctant even if I were on a greencard.

Any creative things I can do to leverage my position?

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