All Forum Posts by: Priyanshu Adathakkar
Priyanshu Adathakkar has started 32 posts and replied 222 times.
Post: Was dealing with a seller's agent. Now seller contacted me

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
@Wayne Brooks I disagree, it takes two to tango.
Post: Was dealing with a seller's agent. Now seller contacted me

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
If you are colluding with the seller to cheat an agent of his rightfully earned remuneration, you are equally responsible and risk a costly lawsuit.
Post: WANTED: 20-150 unit Buildings in Midwest, B & C Class, value add

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
Thanks Christian, I'll be in touch with you in a couple of days, as soon as I put something togeather.
Post: WANTED: 20-150 unit Buildings in Midwest, B & C Class, value add

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
Hi Christian, Do you work with buyers reps? Thanks Pri
Post: Let's talk Crowd Flipping

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
Are you new to the real estate investment business?
No experience?
Do not have enough cash to start a project on your own?
If you have answered "Yes" to any of these questions, then do not miss this meeting!
Let us talk about Crowd Flipping. Do not miss out
Post: Can foreigners get mortgages in the USA?

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
Originally posted by @Akash Y.:
Originally posted by @Priyanshu Adathakkar:
Form an LLC and transfer the properties to that LLC. This could be a single member (you) LLC. Now you have a US entity that owns the property..
So my US entity would be able the secure a US loan? Don't I still require a ssn for the loan?
Corporations are entities, just like people and have ESNs. If you plan to go this route please engage a competent lawyer to setup your corporation to meet your ultimate goals.
Post: Can foreigners get mortgages in the USA?

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
@Akash Y. just owning a personal home does not qualify you as a landlord or investor, you still need 2 years experience as one!
Post: Can foreigners get mortgages in the USA?

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
@Federico Gutierrez Not necessarily, this is still a single member LLC, and you are the principal of the LLC, as long as you have a track record, you are good.
Post: 2 owners on an owner occupied HUD

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
Consult a lawyer but I would have dad buy the property and name you tenant for life with the property going to your kids after him.
Post: Leverage existing properties or save cash to buy multifamily unit

- Realtor
- Columbus, OH
- Posts 267
- Votes 220
It all depends on how stable the multifamily you are planning to buy is! You might be putting everything at risk if the property is not fully stabilized.