What is the foreign shareholder equity share in the LLC? 

Foreign investors make up a large portion of investors in all categories.

It was done doing a 1031 exchange with a condo we owned in Long Beach we were renting.

hello fellow BP members, I will be moving back to Oregon in the next year and hoping to connect with some experienced investors in the salem eugene portland area i will be willing to put in some sweat into your property in exchange for some of your wisdom and eventually look for a partner look forward to hearing from you!!

@Gurjeet Brar I haven't researched every state but the majority require you to register as a foreign entity if you conduct business in that state.

This could have been handled in escrow as part of the closing, and no funds would have been exchanged outside of closing.

However I only got 60% LTV on the refis because my income is almost entirely foreign earned.

I've also considered 1031 exchange, however I'm not sure I will have the bandwidth to take on a new project in the next couple of months.  

My investors and I happily gave up any cash flow we could have obtained from some sort of variable rate bridge interest only debt in exchange for the safety and security of a long term fixed rate - no prepay either.

A few years ago Forbes identified Grand Rapids as the #1 place in the world to invest in Real Estate and that brought in a lot of foreign money into this area and many homes were snatched up and rented out.