All Forum Posts by: Shahaf Benita

@Saul L. Hi Saul,
thanks for responding, actually I got a credit card approval, since I work at an international company which it's headquarters is based in New York it turned out to be fine. and he was very clear about SSN, that's it's not mandatory but it helps.

thank you for the transferring suggestion.

and by the conversation with the banker I got the idea it will be fine, and that it just depends on the credit score i'll build. I just can't understand now if they will count on my salary at other bank.

Did you try or already got a conventional loan from a US bank before ? 

Hey again BiggerPockets members,

As I mentioned before I'm a starting investor from Israel, and I'm willing to invest in the United States,
I was told here the first thing I should do is to open a bank account in the states, so I did.
The story is I'm an engineer in Israel and my salary goes into a bank account in Israel. I opened a bank account at Bank Of America and they know what my salary is based on what I told them, but never showed any proof of that and it's approximately 80,000$ a year . I was told I will have to develop a credit score so I will be able to get a loan with a good interest rate. So he basically said I can transfer what ever amount I want to this bank account and to spend monthly about 20% of this income so I will develop a good credit score and he said it could be any amount, even low as 250$ per month. the thing is the fee for every time I transfer money from Israel to America is very high so I should not just go and transfer money and than regret, it should be planned carefully, so i'm looking for the best way to do that.
my question is will they recognize my salary in Israel ? or they have to get my main salary so I will be able to qualify for the loan amount I want without them seeing the salary in their bank ? the amount of mortgage I want will be somewhere around 100,000$. And I forgot to mention I got a credit card of course ..

@Lior Reich Thank you, was attending to open a bank account, you just made my action stronger so thank you for that. and i'll definitely look into your writings. I would also love to have a quick talk if you can, to get a bit more details about particular subjects :)

@Wes S. Thank you for the reply! helped me a lot!

@Michael Roman Will absolutely consider that if i'll have a strong connection there who I count on, I will develop the connections with the time :) Thank you for the reply!

Hello Biggerpockets members,

My name is Shahaf and I'm a software Engineer from Israel, it's my first post here.

I'm studying the power of passive income and real estate investing(rental properties) for a while now,
I'm really interested to start investing in the U.S but not sure how it's going to be managed,
I mean I can fly like a couple of times a year, but is it really possible to do that remotely?

I'll sharp my question, is there any platform or certain ways I can manage all the basic aspects of investing like, finance, properties analyzing without seeing it in real life, property management , properties buying ans selling, accountants handling and lawyers, taxes etc..

BTW I'm visiting the US in a couple of days, anything I should do while i'm there ?