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Could J1 researcher buy a codon in the US by cash?

I work in NIH with J1 visa. Since the codon price is relatively low compared with the rent, my wife and I decided to buy a codon instead of renting a house. The problem is: If we saved enough money, do we have the right to buy a codon or a house by cash with the J1 visa? Many thanks. 
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September 11 2012 - US
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Best Answer
You should be OK if you are paying cash.  I practice in NH,how can I help you?
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September 11 2012
You can buy any Lawful asset you like. Yes even a home. Any realtor that tells you otherwise is WRONG. 
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September 11 2012
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Thank you very much, Raheel. 
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September 11 2012
There's nothing in immigration law that prevents people from buying personal or real property in the US on cash.

Raheel Shahzad, Attorney, CPA, Real Estate Agent
Lombard, IL
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September 11 2012
 
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