Hey Nigel, being a foreign investor is a problem with conventional lenders but it shouldn't be an issue for any asset-based lenders like PML and HML. 

Since people in this age group did not grow up with all this technology, it's like a foreign language to them.

I specialize in new development, short term rentals and foreign investors.

6.125 is not available in the US for 30 year non owner Foreign National no one is able to supply fantasy. $1,200000 sales price payment $7599 plus HOA $300 with 35 % down rent still doesn't cover the payment.

A couple of things Marc forgot to mention:* New Zealand has CAPITAL GAIN TAX on buy & hold rental properties* If you set up a Foreign trust in New Zealand and bring overseas income in, you pay 0% income tax on it :-)Re Don's query.

From the advice of an estate planner here in NZ I have been made aware some potentially problematic tax laws for NZ Tax Residents who have foreign income. 

I understand that whenever an entity does "business" in another state, it has to file additional paperwork with that state to make a "foreign entity". 

What happens if the speculation and foreign money fueling the Bay Area bubble is larger than anyone expected? 

The first thing I tell them is that there are very few, if any, lending options for foreign nationals buying US real estate.

The local branch probably wont have a clue about foreign mortgage loans.