All Forum Posts by: Nicolas Mendoza

Hello good morning, so im not a U.S. citizen and i don't live in the United States this is why im not familiar with the whole process of buying a house. So i found a house that i feel is a good deal as a rental, the house is in good shape and i can afford it, it only needs cosmetic repairs, the house is good. But to my disappointment i found a new obstacle. The title does not clear. My realtor tells me i should not worry and be patient, the title company claims is not their fault but the seller's. This has been going for over a month and a half. Is this normal? Anyone has some advice? how much more should i wait? should i back off from this deal?

Thank you.

I'm about to buy my first property un the united states as a foreign investor with my brother. We already got our LLC but we could not find a Bank that could open a Bank account for us. We Will have to use the bank account of our mother , that has a branch in florida. I managed to turn that account into a joint one , with my mother's name and mine ,but not my brother's due to local tax reasons. Question is : if my mom is not in the LLC i'm using will this be a problem ? what are the implications?