Hi All,I've been exploring partnering with a US citizen (I'm Canadian) to purchase small (i.e., "residential") multifamily properties together in Chicago - 2-flats or 3-flats.Traditionally banks don't want to have anything to do with lending to foreigners like me, but I think having an American in the partnership would make a positive difference.Does anyone know what effect the partnership would have on getting funding?

US citizens won't tolerate it  They already proved they aren't the most compliant people on the face of planet Earth, even when "the science says." 

Either they'll pay the drugs before the rent or they'll bring in shady characters doing who knows what.But even if they've become model citizens.

To date, we still don’t know what to do as a Canadian citizen trying to invest in the US.

I'm trying to wrap my brain around the different funding entities based on names (Regions, Citizens Bank & Trust, Affluent Hime Loans).

You can keep track of them that way.PS - Good to see a fellow Aussie on BP (although I'm only a citizen by descent)!

A week before we were meant to give notice to the landlord, she changed her mind and decided she wanted her boyfriend to move in with her.The landlord told me that since the unit would not be fully vacated, despite him making her and her boyfriend sign an entirely new lease and pay him a large deposit (partially due to him being a British citizen, supposedly), that I would have to recoup my deposit directly from her.

Neither are US citizens but at least one has a job. 

Monetary gifts from a foreign person (someone who has no direct connection to the US - non citizen, non resident) under $100K are tax-exempt for federal purposes and do not have to be reported to the IRS2. 

(if it was 30 days to close, I would have had it sold)Anyway, one accepted recently, set to close now in <2 weeks:3/1 SFNeeds about 15-20Kish of work (plumbing/electrical stolen, carpet/paint cosmetics)MLS Listing$31,500 was current asking.ARV at $65KOffer accepted at 22K.Flipping to end buyer who'll fix and Section 8 rent it for $30K.Should make about $5Kish after closing costs and monetary fees (pay to borrow)Citizens Bank on this one.