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South East is where is its – Florida or possibly Atlanta.
You might hear the mid west has cheap properties but where are your tennants or secondary buyers gonna get an income from?
Stick to where the monies at! You can get great deals in these places for under 40K(US) and get a 15 %+ ROI. Buy up 10 of those and it’;s a lot better than a 400K house here.BTW someone suggested California… but unless you want to fork out big on ONE home its not worth it .. also taxes are killer there.
When I first went to the US I didnt have a social or anything – but it was very simple to get a bank account from BANK OF AMERICA.
Pretty much anyone can get a bank account from them even without a social – you’ll need to show them passport/ drivers license (yes they accept australian DL) and SOMETHING (anything )wth an address … to be honest I cant remember EXACTLY what I used now but it was a piece of mail I had recieved I just showed them the printed address on the envelope. You could use a rent recipet or somehting if you rent a place to stay while you are there.The ONLY problem which you may have is how LONG you have BEEN in the US.
They ask you how many months you have been in the US in the past 2 years. You need to have been there in TOTAL for over 18 months to qualify. I actually had been there there entire 2 years.. but they don’t even check any records (not that I want to advocate lying about this) …the whole thing was very relaxed. For SSN they just entered 999-999-9999 until my actual SSN came thru and I went in to change it and I was also able to get a credit card then.The ALTERNATIVE way – and probably the way MOST offshore investors do it – is to set up an LLC. It’s very straightfoward to set up (though how simple it is to use for buying thrru an LLC I cant tell you as I havent done it) and you dont even need to be in the US to do it – You can do it all online through a lawyer that handles LLC’s just google “Setup LLC [state you need]”
