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8 November 2014 | 19 replies
@Dawn Anastasi as a foreigner he will not be able to get regular bank financing on non owner occ .. 35 to 50% down at 8 to 10% interest with points and closing cost adding another 10% to the cost of funds up front ....
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28 April 2019 | 5 replies
I am in fact start considering parter in a foreigner who was intentions to invest overseas.
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1 October 2016 | 526 replies
I will report on the exact name for our website we've chosen next week.Based on our research, our friends across the northern border - Canadians, are the largest foreign group of buyers of U.S. real estate.
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27 November 2015 | 142 replies
Jon never paid any money to me as a contractor or towards the rehab....not a dime though it's been stated differently here.With Avon, as with Jay's deal, we planned on renovating, renting and selling it off to a foreign buyer.
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5 July 2015 | 29 replies
It's been quite a ride and none of it would have been possible without BiggerPockets and the people they've allowed me to connect with.I'm now working on a book about investing for foreigners.
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20 October 2007 | 6 replies
Both properties are owned by the MD LLC, which registered as a foreign entity in SC.I feel like when I finish these two rehabs I'll be qualified to write a book about what not to do when investing in real estate.
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20 November 2014 | 3 replies
In addition to Mathews suggestions above, My suggestion would be to open a US bank account immediately, as some loans for foreign nationals require 6 or in some cases 12 months reserves in order to get a loan.
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6 March 2018 | 2 replies
., deposit the funds in a foreign bank) you may have additional information reporting for that as well.
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22 September 2016 | 3 replies
You don't have to operate with Officers, you can be a Sole LLC or LLP (Limited Liability Partnership).Taxation is defaulted as pass-thru, but you can opt to be taxed as a Corp. level (until you take profits than you'll be double taxed for income as well)State fee's in Texas are much lower than a Corp.I'm assuming you nor your partner are US citizens, so the LLC allows more flexibility rather than a S Corp. for foreign investors.One of my favorites, is you can gift the LLC to others...not so, with a Corp (Estate Planning in a Corp. is voided or difficult).An LLC in US/Texas should cost less than $1500.00 to setup correctly.
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2 November 2019 | 16 replies
Please don't prevent other readers to take advantage of the awesome realSecondly, billions of dollars have been invested by foreigners in Mexican pre-construction real estate and only a tiny fraction has had issues.