Hi I"m a foreign investor in US real estate - long term rentals.I"m interested in buying a commercial property in FL Bay county for 320K.I cant find a lender because the amount is too small and I don't have a SSN.I can't do refinance because my properties bought in the 40K-60K range.I have a WF bank account for more then 2 years already.What are my options ???

We have a great downtown area with attractions such as the Dali museum, Tampa Bay Devil Rays, etc.

@Tony Dragoo   I think that is a regional question and a market question.. if you in a non appreciating market and I would describe that as a market that moves 1 to 3% a year if your lucky compared to say SF Bay Area.. then I would not worry about owning .. but if you west coast  upper east coast DC  and other areas were you can get priced out of entry level I would buy first.  

While I would never tolerate negative cashflow, if you have bought in a market like the SF bay area that has strong appreciation cycles, your perception on minimum necessary cashflow profits might differ.

If the expectation in the market is to supply appliances (like for my Bay Area rentals), I need to keep appliances in the house for the next tenant.

If you find any properties in the East Bay, send them over!

I live in California but does not have to be from the Bay Area.We are starting our new venture and I want to start off with the right structure with the right person to give advice and do the books.Thank you for any and all your recommendations.Best, Shane

--------------Lemme let you in on a little secret- say you buy an SFH or 2-4 units in Appreciationsville(TM) and it doubles in value in 10 years (sounds familiar, Bay Area and costal SoCal?)  

The south bay is indeed a tough market for new investors, but the opportunities are out there.

Ideally someone in the north bay, Santa Rosa... but I could do east bay, or working with someone remotely could work too.