Plenty of out of state and foreign investors I have help get started investing in that area as well.

You need to register the LLC in PA but also register as a foreign entity in CA.

I have an foreign investor client with $2.5m in a commercial property overseas (Estonia), around 2.8% cap until mortgage payoff in roughly 5 yrs- even then sounds like 5%.

Depending on where your investing, sometimes local lenders will offer foreign nation loans.

Some people hang up on me on the phone maybe because they instantly knew I was a foreigner.  

Or are you all having to create a Foreign LLC in your state in order to open business account for LLC not located in your state?

I don’t know whether David covers any legal/tax aspects for foreign investors in the US.

I initially plan to use foreign national mortgages (I think I can get 70% LTV), plus some cash and hopefully also some carry-back financing, for the first purchases in 2008.

Then I was thinking about buying a foreign investment property of two to rent out, thinking Thailand or Colombia, Panama. somewhere that is on the rise economically, and has plenty of room for growth in the tourist sector.

I have a foreign relative that wants to buy a vacation home in California.