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Updated almost 4 years ago on . Most recent reply

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Daniel Vaccaro
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11
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Refinancing issues stemming from having a foreign partner

Daniel Vaccaro
Posted

Hey BP,
I am a pretty new investor, 10 doors, and have started a new venture with 2 LP's. One of them, who owns 33%, is not a US citizen but is South African. 66% ownership is with myself and another American citizen. 
We are running into issues getting refinancing since most lenders want each partner to have a SSN, and a Credit Score. 
Any ideas on how to get around this? Or has anyone worked with Lenders who can handle a foreign partner?

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