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Updated over 4 years ago on . Most recent reply

User Stats

29
Posts
10
Votes
Joshua Espejo
  • Investor
  • Las Vegas, NV
10
Votes |
29
Posts

Private Money Lender From A Different Country. How Do We Do This?

Joshua Espejo
  • Investor
  • Las Vegas, NV
Posted

Hello BiggerPockets!

I currently am looking for PML's from my circle of friends. I have opened up investing opportunities to my close friends who I trust and trust me, and also have capital to use. The issue is, one of my friends is from Canada, and I am in the US. 

Does anybody know how transferring of funds can work? I know the IRS will look into this because it will be large sums of money sent internationally... but does anyone know how I can get this to work? Thanks in advance.

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