Foreign Investor Questions

[Shaun Lapsley]

My best friend is from China. He has a number of foreign investors trying to get into the US market. If anyone could please give me some insight as to where to start, legally, I would greatly appreciate it.

We would be looking to both buy and hold, or potentially flip, but I am still in the process of getting my team in place.

thanks for any advice !

[Jared Rine]

@Shaun Lapsley

I think you need to be more clarifying in your questions.  @Engelo Rumora hit it on the head. I work with many foreign investors who need financing. Some of these groups consist of many investors. Most set up a US based entity, usually in an LLC structure. Usually there is then someone who is their on the ground representation. I've seen it where this person acts as their asset manager and is NOT part of the LLC, and others where this person is a majority managing member of the LLC.

Moving money is not that large of an issue (we can help here too), but they do need to understand how banks operate in the US.  

Unless they are taking down all cash, they will also need to understand where to get non-recourse financing and seasoning times to refinance conventionally, depending on their exit strategies.

I would probably start with seeing or talking to an attorney and setting up entity structure.