All Forum Posts by: Jesus Betancourt

Thanks for your comments @Scott Buchholz, my partner already has the money in a US account.  I found out what to do and actually already got a pre-approval letter.

Hello community, I need your guidance.

I have a chance to partner with a foreign investor to buy and hold a rental property.  The idea is he would put down payment and we would use my credit to get better finance terms. Do you know finance companies that would allow this arrangement?  Should his funds be transferred to a shared bank account or to an entity bank account?

Do we need to get his money some kind of seasoning if the fund are not already in a US bank?

How should we structure the partnership? Do we need to create an LLC or an LP?

If you have similar experience I really appreciate your comments or if you can point me in the right direction to get more information.

Thank you

Jesus Betancourt

Thank you everybody.  It's good to know I can count with your support.

thank you John.

Looking forward to meet new people in the area. Any REI club or meet up in the area you know about?

Hello everybody,

I just found your site and subscribe right away. I am in Plano, in DFW area in Texas, moved from San Francisco in 2013 and I am looking to get into REI as a part time business and growth it so I can do it full time. Since I am starting from scratch I see there is a lot of material to read to get up to speed. From what I have read so far I am interested in cash flow rental properties and wholesaling.

looking forward to participate in the forums to speed up my learning and to meet like minded people in DFW.

Can anybody recommend REI clubs in the Plano/Frisco/Carrolton area?

Thanks for all you do to help other people.