The downside is they usually come with higher interest rates and shorter loan terms.Partnerships or Co-signers: If your husband or a trusted partner has U.S. legal status and credit history, they might be able to co-sign or help with financing.Cash Purchases: Since you have savings in Canada, you might consider using that for your first property, especially for a smaller rehab project.Foreign National Loans: Some lenders specialize in providing loans for foreign nationals.

You mentioned that if I create an LLC in AL, I don't need to create a foreign LLC in CA.

And he was getting foreign investors to wire him 100% of the purchase prices direct to him..

My name is Miki, and I'm a 23-year-old foreigner looking to make my first real estate investment in Pittsburgh or the surrounding Allegheny County suburbs.

Deadlines are almost a foreign concept in Mexico, so we've learned to set them far in advance of our desired schedule.70% funded. 

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

@Tanya Maslach For properties in Ohio, it’s simpler to form an LLC in Ohio rather than Colorado, as it avoids registering as a foreign LLC and reduces costs and administrative work.

Down payment/ financing may be a moot point if your are foreign.  

I specialize in getting foreign investors started in Dubai and work with seasoned local companies who handle everything from start to finish.

I wonder if your borrower’s lawyer explained that if they move their LLC, they must still register as a foreign entity in the state where the property is located to defend against any actions you might bring.