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Ana Jolie's profile image
Ana Jolie's profile image
Ana Jolie
  • from austin, TX
  • Member since Apr 4, 2014

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Ana Jolie's profile image
Ana Jolie's profile image
Ana Jolie
  • from austin, TX
  • Member since Apr 4, 2014
Ana Jolie
  • austin, TX
1
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Buying & Selling Real Estate

crowdfunding with funds from foreign investors

Ana Jolie
  • austin, TX
Posted

I would like to starting an initiative to pool together loaned funds from foreign investors for the purposes of buying rental properties here in the U.S. My questions are:

1. I know there are regulations on money going out of the U.S. but is there a problem with soliciting incoming foreign funds?

2. Does anyone have any guidance on how I should approach this or expertise in this area?

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Engelo Rumora's profile image
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Engelo Rumora
  • Investor
  • from Toledo, OH
  • Member since Aug 26, 2013

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Engelo Rumora
  • Investor
  • from Toledo, OH
  • Member since Aug 26, 2013
Engelo Rumora
  • Investor
  • Toledo, OH
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Engelo Rumora
  • Investor
  • Toledo, OH
Replied

Hi @Ana Jolie

Our group has worked with many foreign investors over the years and I don't believe there are any issues with money coming in from investors for the purpose of buying real estate.

I also don't believe there to be any issues money going out as long as distributed by a property manager.

Thanks for reading and have a great day.

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