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Updated over 8 years ago on . Most recent reply

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Eric Bilderback
  • Real Estate Agent
  • Sisters, OR
1,576
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Need financing for a non citizen

Eric Bilderback
  • Real Estate Agent
  • Sisters, OR
Posted

I want to by an apartment complex it is 500k and me and my partner can put over 50% down.  However she is not a US citizen and lives in Europe.  Why isn’t a bank having recourse against the property as well as myself good enough even if they can’t get to my partner?  If I were them I would hope we defaulted so we they could take the property from us.  

A little rant there but if anyone can help me out please do so.

Thx

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