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]
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]
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]