National investor American homes 4 rent is seeing a producing rate of 71% on their north west portfolio.  

Jeff, Stewart Title is in The Woodlands and we have used First American Title.

Is the conventional route of financing (from Banks & financial institutions) available for foreigners purchasing American real estate ?

Explain that your deals close at American Title and that CIndy takes care of all the closing documents.

I don't want to pay for these unoriginal webinars, I have seen enough of them.I don't want a "job" to make someone else rich, I'm sick of giving the government all my money, and don't get me started on the idea that I technically work for American Express, Visa, and Mastercard at the same time.I've had enough jobs and I've read enough books to understand there is alternative options out of the rat race and I've narrowed down to real estate being my way out.  

There are various associations such as the American Banker's Association that have classes for members, going through such instruction usually takes a few years to advance to compliance and loan classifications.

There is a reason  that the vast majority of american millionaires made their money by owning real estate.

So if you want to be wealthy don't do what the average American does.

kind of really depends on what you do for a living and your goals.I  know in my business world  NET worth is quite important for getting construction loans.. banks no like leverage to the eye balls. because they will discount rent then run your ability to borrow.. they love big equities or paid for properties.. but then again I am not in the rental side of things.. and we look for very large unsecured bank LOC's that allow us to operate the way we do.. and if I did not have substantial net equity or net worth I could never get those lines.. and more in like what you guys in the tax sale wholesaling end of it.. you make as much money on one wholesale or flip deal than a rental will make in 5 years tying up that capacity to borrow.But for average American I am going to retire on rentals.. and they have stellar credit and can get their 10 loans and don't buy in the hood  then max leverage is the way to go to scale.. but the folks that I know that are pretty comfortable later in life have most if not all their rentals or real estate paid for.. and that's my goal.  

So like many other Americans he was simply living pay check to pay check.