Q. Can a foreigner get a loan to buy real estate in the USA ?
A. Yes you can own real estate, special taxes apply and it doesn't effect your immigration status. You can get a loan but don't lie on the application because that is a classifaction of mortgage fraud and you will be deported- I have heard of it happening.
Essentially, do everything upfront and let the US Government eat you alive in taxes and you are good to go!
Essentially, do everything upfront and let the US Government eat you alive in taxes and you are good to go!
How can I open a real estate buisness in USA?
Q. what state of USA is the best place for a real estate buisness?How can I get more information.What are the tips I need to know to be successful?how can I start? how much asset should I have?
A. This question is way too vague. What knd of Real Estate business? Brokerage? Development? Re-hab? What? Email me
what is rehab real estate business? and how many types of real estate business exists?
Q. I want to open a real estate business in USA?I need someone experienced in this field to give me advice.
A. rehab property is usually old rentals or older homes that need a little t.l.c. if you want to get into real estate for yourself then i suggest you contact reii. (real estate investment institute) it is a mentoring program that is helping me tremendously with all the many aspects of investing on my own and managing my own bussiness. there is so much more to the program than i could ever cover here. i'm sure they would be glad to talk to you and answer any questions you may have. they answered plenty of mine before i entered reii. (if you are serious.)
www.reii.com click on free 30 minutes w/ pro and watch the cnn video clip it might help as well.
also you can try to find a rig meeting (real estate investment group) for your city, it's a great place to network and meet others who are accomplishing what you are wanting to do. rig meetings here are $14 per meeting and they're worth every dime!!!
www.reii.com click on free 30 minutes w/ pro and watch the cnn video clip it might help as well.
also you can try to find a rig meeting (real estate investment group) for your city, it's a great place to network and meet others who are accomplishing what you are wanting to do. rig meetings here are $14 per meeting and they're worth every dime!!!
How foreign can invest in USA real estate?
Q. I'm not from USA,I would like to invest real estate but I heard that just resident and american citizen can buy properties.Thereby what can I do? are there laws to foreign investors in real estate? also buy land and build deparment buidlings
A. You can buy investment properties in the USA with a loan even if you are not a citizen or have a green card. To get a loan, you will have to show the income from your home country to support the payments, and you will need at least a 30% down payment - but don't give up.
Buying is the easy part. It is selling later that may be an issue. When a foreign national sells a property in the USA, 30% (I think that's the number) of the sales price must be held by the title company to insure any taxes (capital gains) are paid to the IRS.
Buying is the easy part. It is selling later that may be an issue. When a foreign national sells a property in the USA, 30% (I think that's the number) of the sales price must be held by the title company to insure any taxes (capital gains) are paid to the IRS.
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may i know to get property prices in USA . pls suggest me ..
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