Profile picture for jumbosun

Buy a house & rent it

I am a Chinese, live in China, I think USA house price is good now, I want to invest a house (1600sq ft~2500sqft) in L.A. area, as I will not use in next 3~5 years, so I hope I could buy a house and rent to some people. Any people could help me? if yes, email me: jumbosun@gmail.com

Budget is USD400,000~800,000
Good school district.


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January 14 2011 - China
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Profile picture for verakot
You can't buy a property here if you live abroad. Invest in your local market.
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January 16 2011
yes you actually can buy a home here if you live abroad. I have an idea stewie: how about not answering things you are completely clueless about? seem like an ok plan?

It would be hard to impossible to get a loan if you live abroad, but buying a home is legal.
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January 16 2011
there are international real estate firms, like the one I am connected with. We can refer an agent to you. Feel free to contact me
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January 16 2011
Profile picture for verakot
Roberto, do you also sell an ocean-view property in AZ? 'Cause many Chinese would like to buy some.

>>It would be hard to impossible to get a loan if you live abroad, but buying a home is legal.<<

The real question is: When a foreigner buys a property in the US, will this give him a right to use it, i.e. gives him a visa to the US? No, says US Immigration service:

http://www.usimmigrationsupport.org/
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January 16 2011
I heard of scams like this.
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January 16 2011
 
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Buy a house & rent it
Profile picture for Brandon Nelson
Latest reply by Brandon Nelson
January 16 2011 | 5 answers
  • Posted by jumbosun
  • In Rentals
  • January 14 2011
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