Mike from Canada, is interested in investing in the U.S. and asks a very good question.
Q: Apart from seller financing, are there other sources of financing available to foreign investors? Thanks
A: There are several sources of financing available to foreign investors in the U.S. I will admit, the easiest is seller financing. Other financing includes corporate financing. This requires you to own a business in the U.S. that establishes U.S. credit and can borrow using that credit. Another is private financing. This means going to private investors. My friend, Darren Weeks of Fast Track to Cash Flow in Edmonton, Alberta does this type of financing. Depending on the type of investing, you may also be able to get nonrecourse financing. This is financing that does not depend on the credit of the buyer but rather depends on the benefits of the real estate deal.
Warmest regards,
Tom
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