I'm a new (foreign) investor and just bought a new property in Detroit with cash as a first move. Looking forward to legal advice for LLC opening. any referrals who have experience with international investors? Thx

In my role as Senior Loan Analyst, Joseph is eager to cultivate strong business relationships with investors.

Some advice:If you are going to live there make sure you spend a lot of time down there first if you haven't already.Bank financing is impossible for non residents/citizens. 

Is there part of this forum I'm missing or can someone point me to some good resources about general info (best way to find property, are some countries better than others for US citizens to buy, etc.).  

I am a senior outreach worker for Oxford House in Arizona.

CMG Financial.America First Credit Union 80% CLTV UT, ID, OR, NM, AZ, NV at 10.49% in 2023Arvest Bank AR, OK, AL, MO Bancorp South, TX HELOCS & Lines of Credit on free and clear housesBankNewportBank of Southern California, CABank of West (BNP Paribas) 60% LTV CA, AZ, ORfBankRIBB&T will loan on a rental portfolioBBVA, now PNCBECU for ORBeehive CU, UTBest Finance www.bestfinance.io No closing costs, fixed ratesBellwether Community Credit Union, NH and MA 85% to 100%, draw 10 yrsBMO Harris, 3 HELOCs to 70% LTVBoeing Employee Credit Union California Bank and Trust, CA *** confirmed in 2023 ***Cal Coast Credit Union, CA Central Pacific Bank, HICFSBank will do on LLC, PAChange WholesaleCharter Oak FCU, CT Chelsea Groton Bank, CT IPLOC (investment property LOC) Citizens Bank -MNCitizens, first position HELOC CMG Financial 70% LTV.

I kept meaning to buy for a few years, but I’ve been simply overloaded with a startup.My current country prevents me from purchasing property (non-citizen), and doesn’t offer fixed rate mortgages - the floating rate is high rate at 7%, and has been about this the last 20 years.

In CA, there is no limit on the number of brokered loans you can make, but no loan can exceed 10% of your net worth, exclusive of your home.Loan Seniority – Unless you can afford to be wiped out on occasion (you can’t) or have enough money to pay off a 1st(you don’t), then don’t make 2nd position loans. 1stPosition Only.

I will reach out to you by phone to learn more, but I can assure you I will connect with someone very senior at Latchel and find out where the problems were and get them corrected.  

I do remember that when I spoke to the "Senior loan officer" about why would i want him to do a hard pull and end up not even liking the terms, he said "Yeah, that's how we do things".