Banistmo tends to be the most friendly bank to foreigners, so you might try there.

I should add so many agents here, are gonna tell you this ******** about renting being a waste, but it’s literally cheaper by in some cases thousands a month when factoring in repairs, you can put excess savings into index funds etc. every single friend I have all of whom are pretty fiscally savvy have made the same calculation, I even have a good friend who is trying to sell his condo to rent because his monthly expenses will decrease when he sells his condo & he can be in a better area.

I would take some time to do some research around markets that are investor-friendly and reach out to agents, investors, and property managers to pick their brains and evaluate.  

If you want better returns and better local laws then look at some of the more landlord friendly markets in the midwest.  1031 into a vacation rental you can get some use of yourself.  

One of my friends has a flip in the area and the taxes are really hurting the buyer pool.Regarding your deal, It would be helpful if we had a couple more inputs such as current rent, expenses, and cash on cash return.  

But any investor friendly lender should be able to provide assistance here.

I am thinking about offering a friend a land contract.

All utilities will be billed to the tenants.Using the BP calculator to underwrite this deal I'm showing NOI $32,274, Monthly cash flow $698/month, and CoC ROI 30.99%file:///C:/Users/Provider%20QCK%20Richmon/Downloads/9284%20Peachtree%20St%20(1).pdfPlease pick this analysis apart and tell me what I'm not thinking about .........

Are trying to get around that by pooling your money with your friends?

Hi friends!