mj23001 replied to the topic Foreign investment property debt in the forum Overseas Deals 5 years, 10 months ago
Depends if the bank/lender is aware of your international activities. In some cases, it may be beneficial to keep those details out of the application.
mj23001 replied to the topic Need a good property manager in New York State in the forum Overseas Deals 6 years, 10 months ago
try biggerpockets.com
mj23001 replied to the topic Experiences with US Accountants in the forum Overseas Deals 9 years, 2 months ago
Is it accurate that some US CPA’s have access to your IRS information and this authorization cannot be revoked?
mj23001 replied to the topic Does anybody know who is behind this company ? in the forum Overseas Deals 9 years, 2 months ago
Who can you trust that has a US flip team while I stay in AU? I would like to invest in flips to build up capital for long term investments in the US
mj23001 replied to the topic US Invest Good Company Or Bad? in the forum Overseas Deals 9 years, 3 months ago
Which company can you trust to invest with?
mj23001 replied to the topic some interesting articles on florida in the forum Overseas Deals 9 years, 7 months ago
Just briefly, how would the flip process work and is no-doc private finance available (for flips)?
mj23001 replied to the topic some interesting articles on florida in the forum Overseas Deals 9 years, 7 months ago
How much is the minimum investment for your flips or hotel program?
mj23001 replied to the topic US Property as 1st IP in the forum Overseas Deals 9 years, 7 months ago
For a first time property investor, a direct US investment is looking a little daunting. I’ve been in touch with a few BA’s who have a team on the ground but getting everything set up is very complicated. Some say don’t worry about multiple LLCs, others say setup an Aussie trust to own a holding LLC then each property much have their own LLC. Then…[Read more]
mj23001 replied to the topic US Property as 1st IP in the forum Overseas Deals 9 years, 9 months ago
Thank you both for your replies.
Without meeting face to face or a phone call, are you able to say briefly what the first steps are? Do you both know of lenders who are lending to non resident aliens? Is it still possible to set everything up before visiting the US?
Forming the LCC and opening the bank account are a first priority in my mind. I…[Read more]
mj23001 started the topic US Property as 1st IP in the forum Overseas Deals 9 years, 9 months ago
I’m looking to start investing and while I know no one can give specific advice, I’m looking for opinions on this. I’m undecided if I should test the waters with a property in Australia first, then ‘recycle’ equity to then buy in the US. I would only be buying under-market value, CF+ properties if possible.
I would be buying a property in the…[Read more]