Hi Mike,As a foreigner have you been able to get any financing for your properties and also do you buy in LLC or your own name?

You could refi and hold the property taking out around 75% ltv or could 1031 exchange into something else.My clients are getting 3 caps for selling their properties in Cali.

I suspect that since there was supposedly some agreement that she would do some repairs in exchange for a "discounted" rent, then she is not a qualified tenant.

Thanks AnnetteDo you know the rules regards foreigners investing in property America?

We buy distressed property, rehab, hold some and sell the rest.My biggest tip for foreign buyers is to make sure that they have people on the ground that have their interest at heart and not to invest no matter how long it takes to establish the right contacts.Also not to buy hoping the property will go up in value.

Hey EveryoneI was wondering if there are any foreigners investing in USA using Subject to existing mortgage, or anyone has any tips if this is something foreigners(Canadians) can do without triggering do on sale clause.Thank you in advance

The only way out of the hole we've dug ourselves into is to start working again...........not just trading paper back and forth and patting ourselves on the back about how smart we are to have those dumb foreigners making our stuff.

MichelleHi Michelle --I can't really speak for Eric but here's what I'd guess:The whole purpose for giving away useful information at no charge, is to collect some useful info from your visitors, in exchange.

We continue to exchange words and things were getting heated, so I decided it's probably best to start heading to the car.Lol, anyway, 4 hours later I get a call from the local PD that I am being issued a verbal warning to not come back to the property.

They have provided details of current tenancy in the foreign country as well as pay stubs from their international employer.