Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Refinancing issues stemming from having a foreign partner
Hey BP,
I am a pretty new investor, 10 doors, and have started a new venture with 2 LP's. One of them, who owns 33%, is not a US citizen but is South African. 66% ownership is with myself and another American citizen.
We are running into issues getting refinancing since most lenders want each partner to have a SSN, and a Credit Score.
Any ideas on how to get around this? Or has anyone worked with Lenders who can handle a foreign partner?