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Updated over 7 years ago on . Most recent reply

User Stats

8
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Albert Limm
  • Rental Property Investor
  • Singapore, Singapore
4
Votes |
8
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Financing with Nieces's name?

Albert Limm
  • Rental Property Investor
  • Singapore, Singapore
Posted

Hi,

Don't know if this should be put in the foreigner's forum or here but here goes...

As a foreigner, I figure that trying to take a loan from a bank to invest in the USA is very tough, especially since I'm trying to do buy and holds. Now I do have a niece that is a Canadian citizen, and my sister which is a Canadian PR. I have seen some threads here on BP which says that Banks like BMO, RBC and TD in Canada loans to Canadians wishing to purchase R.E.I in the US. (Thanks for the tips! @Ali Boone ) Now is there some way I can make use of this relationship but be protected? Probably a very Newb question but will seriously appreciate all the help I can get.
Thanks so so much,

Kind Regards,
Albert

Most Popular Reply

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6,500
Posts
3,173
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
3,173
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6,500
Posts
Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied

You're very welcome!

No idea on your question. I only know about foreigners trying to get US loans, I don't know anything about Canadian loans. 

I know you didn't actually ask me, but thought I'd say I have no idea anyway. :)

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