How to invest into the US property market as an Australian resident? [Archive] - Real Estate Insider Forum
 
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fluppenhupp
08-07-2007, 10:13 PM
How can I obtain financing to invest into commercial property (4 to 8 condos). Do I approach Australian banks or are there US institutions that cater for overseas investors?What are other implications - are there tax breaks or do I have to expect some form of penalising taxes?In short, I don't know the first thing about this issue... please point me in the right direction.Thanks

buyhawkeye.com
08-11-2007, 05:35 AM
Talk to a US mortgage broker. Unlike many countries, the US allows foreign ownership of US property. It is doubtful that a non-US lender will lend money to buy US property.The broker can guide you from there.