Overseas Investor Purchasing CO Residential Realestate

miket profile photo

What is the best entity for me to purchase residential property as a foriegn investor. I am looking at purchasing property for the short to medium term(not flips). I am thinking of setting up an LLC to own the properties. I have contacts in the US that I can use as a local registered agent. I appreciate that I will have trouble obtaining finance as both I an any new LLC will not have 2 years of US tax records. I do have a good credit rating and tax records here in New Zealand, but feel that these will not be relavent in the US.
I have 20 years experience in property development and investment in NZ.
I would appreciate any advice you could offer. grin

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