Foreign investor getting money in the country

[Evelyn Tilman]

Hey everyone! First time posting... I'm looking to buy a duplex as my first deal. I'm lucky to have my dad as a partner but he does not live in America. The deal is a seller finance duplex, already has tenants and cashflows beautifully. Seller wants 20% down. Purchase price at 136k . Anyways.. my dad is putting most of the money. Has anyone had experience getting large sums of money in across the border? I'm wondering what the best way to do it is and what the risks are. For what I've read you just have to declare any amount over 10k and that's it.. has anyone done this? He'd bring in about 23k and we'd put the rest.