Hi all,

Real Estate investor from Israel.

Exploring the financing options for flipping. 

Wondering what are the benefits of a US resident vs un-resident (loans etc. )

Thanks,

Tamir

Originally posted by @Tamir Cohen :

Hi all,

Real Estate investor from Israel.

Exploring the financing options for flipping. 

Wondering what are the benefits of a US resident vs un-resident (loans etc. )

Thanks,

Tamir

 Are you a US citizen?  Your post implies either.  

Define "benefits."  

@Andrew Postell is this outside of your wheelhouse?

@Tamir Cohen the benefits of being a US Citizen is you can receive US Government loans.  I'm over simplifying here but essentially Fannie Mae and Freddie Mac are Government Sponsored Agencies.  Their rates are low and terms are good...but being a permanent resident or better is required.  So if you are not a permanent resident alien then you would need to receive a "non-government" loan...which would carry a higher rate, etc.  That's the main difference between the two.

@Justin Kane thanks for the mention!

Hi,

@Matthew McNeil

I am a us citizen. I heard of many Israeli investors who are not us citizens and was wandering if i have any benefit/or can add value to financing deals for them since i am a US citizen.

Thanks for responding,

Tamir

@Matthew McNeil greater amounts of money.

I am a citizen.