Hi everyone,

I’m new to BiggerPockets and excited to learn from this community.

I’m originally from South Africa, where I own two apartment units. I’m currently working in the US on a visa (not a US resident/citizen). I’ve been educating myself on US real estate, focusing on multifamily, and I’ve started underwriting deals that could potentially be my first investment.

My situation:

•  Limited capital on my side

•  I Would need partners/investors to help me finance

•  Very new to US deal structures, financing options for non-residents, and how to properly bring on investors

•  Goal is to invest in multifamily properties in the US

I’m trying to figure out if/how this is realistic as a first deal, what common pitfalls non-residents face, and the best ways to structure things or find the right partners.

Specific questions I’m hoping for advice on:

1.  Realistic paths for non-US residents (on a visa) to get into multifamily with limited personal capital?

2.  What should I focus on while underwriting my first deals (key metrics, red flags, team members I need first)?

3.  Any tips on approaching potential partners/investors when you’re still new and have limited skin in the game?

I’m happy to share more details about the types of deals I’m looking at or answer questions. Looking forward to connecting with people who have experience with foreign/non-resident investors or starting small in multifamily.

Thanks in advance!