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Updated over 6 years ago,
International RE investing
Hi beautiful BP community, I have a concern and I was wondering if someone can help and direct me in the right path. Basically I’m 23, an international student on my last year of college. I was able during the last 2 years here to study the RE market and made a lot of networking with awesome people here that are heavily involved in RE, I ended up joining their REA and going to their events and property crawls and simply educating myself about the market so I can start investing. I solved my first challenge towards investing which was finding a private lender obviously because I don’t have any money. I managed to find one from my country also international. He is not in the states, but agreed with him on good and easy terms to start investing, but there was one challenge in the agreement that I’m still struggling to figure out. He was interested if I can make a company LLC or S-CORP that is established here in the states. he didn’t want to work with an individual I understand, he wanted something legitimate. Given my situation as an international student under an F1 visa am not eligible to work under any company, although I’m pretty sure I can own a company and hire people to work under it. Also I’m not very familiar with the process of foreign RE investing. I have to be on the legal side before starting investing and that’s why I’m here. If it helps I plan to flip houses in my market as a start.