You also have remember to report the fact that you even HAD a balance over 10k in a foreign country.

Can't have a foreign corp/LLC (like Utah) in CA?

. - Most of these investors by nature of the program are foreigners and therefore raising the money in the states is difficult unless you find someone who has the experience (again another fee you have to pay).

First off, this is not about hiding assets or evading US (or foreign) income taxes.

He is a foreign national and has a good job, great renter but she doesn’t think he could qualify.So now she has given me some basics and I mentioned we could even do owner financing to avoid realtor’s fees and if I were to default, you’d have even more equity and you could sell the property again.

Entire chimney is foreign to me as ours tend to run through the structure, but I am happy to help if I can.

It might be accurate but it would confuse people because it is used in foreign investments with a different purpose.The correct term in the United States for what you are talking about is a Promissory Note with Equity Kicker.

We also have an entertaining podcast, that is conveniently filled with tons of real estate information as well.There is a forum for Foreign Investors Buying in the US, that might be very helpful as well.

During my time abroad, I filed 1040s but my reported income was low because our businesses were in my foreign wife's name. 

I'm about to buy my first property un the united states as a foreign investor with my brother.