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02-08-2009, 11:11 PM #1
Renter
- Join Date
- Feb 2009
- Posts
- 7
visa and real estate
is it possible to opena LLC to buy real estate property while under a E1 visa?
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02-09-2009, 05:32 AM #2
Mansion
- Join Date
- Nov 2006
- Posts
- 1,232
Yes. Even with no visa you can set an LLC (online) and make the LLC buys real estate.
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02-09-2009, 08:06 AM #3
Moderator
- Join Date
- Sep 2007
- Location
- Outer Banks
- Posts
- 1,282
You might have a hard time getting a loan but if you have cash you can buy it under any type of ownership you want.
Your Outer Banks real estate agent. Learn how to buy Outer Banks foreclosures.
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02-09-2009, 11:10 AM #4
Renter
- Join Date
- Feb 2009
- Posts
- 7
thank you
why will it be harder to get a loan?
all partners must show credit etc to get the loan.or can I just get it myself, under my name/credit..but do it through the LLC so to have partner s to inject cash in for the down payment?
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02-10-2009, 05:28 AM #5
Moderator
- Join Date
- Sep 2007
- Location
- Outer Banks
- Posts
- 1,282
Talk to some lenders.
Your Outer Banks real estate agent. Learn how to buy Outer Banks foreclosures.
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