Latest Posts
May 9th, 2024
What Is the Cost of ITIN Number: Complete Guide to ITIN Pricing
Every year, hundreds of thousands of foreign nationals look for the best ways to apply for an ITIN number in the US. The reasons for needing/wanting an ITIN can greatly vary, depending on each specific situation. However, one thing is for certain: most of them are interested in the price of ITIN and start their […]
Continue ReadingApr 27th, 2024
Foreign National Mortgage Calculator: Calculate Monthly Loan Payments
Because foreign national mortgage loans are US-based mortgages, all the calculations are done in US dollars. Due to globalization and various economic factors, more and more people are looking outside of their native countries for investment opportunities. Some don’t have enough cash on hand to cover the costs of those investments outright, so they turn […]
Continue ReadingApr 23rd, 2024
Mortgage for Airbnb: Introducing DSCR Loans
Finding a suitable Airbnb property is one thing. Finding financing for it is a completely different matter. One of the major problems real estate investors, both old and new, have to deal with is the lack of good financing options for Airbnbs. Getting short-term rental loans in a traditional way can be challenging, to say […]
Continue ReadingApr 19th, 2024
QM vs Non-QM Mortgages: Everything You Should Know
In 2013, the Ability-to-Repay (ATR) rule was formally introduced as part of the Wall Street Reform and Consumer Protection Act. It established the rules and guidelines that mortgage lenders must follow to ensure borrowers can repay their loans. And the implementation of these rules has given birth to what’s now popularly called Qualified Mortgages or […]
Continue ReadingApr 17th, 2024
How to Settle in USA From India: Guide to US Visas
Indians have been moving to the US since the 17th century. They are an essential part of what makes the US great and are there to stay. In fact, they are not only staying but thriving. Each year, a lot of Indians purchase houses in the US, collectively spending billions of dollars and positively affecting […]
Continue ReadingMar 30th, 2024
Can F1 Student Buy a House and Get a Mortgage Loan in the US? – Full Guide
The US hosts the largest number of international students of any country in the world. Estimates show that more than 1 million foreign students live and study in America. This is partly due to the fantastic quality of the country’s higher education institutions. To give you a small example of how good and prestigious US […]
Continue ReadingMar 8th, 2024
Why Should Foreign Real Estate Investors Invest In the USA?
The US is the most popular country in the world for foreign investors. Each year, hundreds of billions of dollars of foreign investment flows into the country from various parts of the world. A sizable chunk of that foreign investment, or around 53,3 billion dollars for 2023, comes from foreign investments in US real estate. […]
Continue ReadingJan 17th, 2024
A Complete Guide for UK Citizens Buying Property in USA
Property prices in the UK have risen steadily in the past decade. Unfortunately, this price increase has not accompanied the rise in wages and yearly salaries, which left a lot of people unable to purchase property in the UK. For those reasons, many UK citizens are looking at foreign countries, particularly the US, to purchase […]
Continue ReadingJan 12th, 2024
Can Indians Buy Property in USA? [Easy Guide]
Indians have always been international people, moving and traveling all around the world at the invitation of many countries looking for skilled and talented workers. In the US, Indian-Americans are the wealthiest ethnic community with a median household income above $150,000, which only goes to show how much they contribute to the overall US economy. […]
Continue ReadingJan 3rd, 2024
What Is the Average House Cost in USA?
The United States has the most robust economy in the world and a real estate market worth more than 2,5 trillion dollars. It’s the biggest one in the world, and it has billions of dollars in foreign investments each year (due to its size and diversity). The US real estate market attracts various types of […]
Continue ReadingApr 23rd, 2024
Mortgage for Airbnb: Introducing DSCR Loans
Finding a suitable Airbnb property is one thing. Finding financing for it is a completely different matter. One of the major problems real estate investors, both old and new, have to deal with is the lack of good financing options for Airbnbs. Getting short-term rental loans in a traditional way can be challenging, to say […]
Continue ReadingApr 19th, 2024
QM vs Non-QM Mortgages: Everything You Should Know
In 2013, the Ability-to-Repay (ATR) rule was formally introduced as part of the Wall Street Reform and Consumer Protection Act. It established the rules and guidelines that mortgage lenders must follow to ensure borrowers can repay their loans. And the implementation of these rules has given birth to what’s now popularly called Qualified Mortgages or […]
Continue ReadingApr 8th, 2024
US Mortgages For Nonresidents: A Complete 2024 Guide
The United States has the world’s biggest real estate market, attracting many foreign nationals for one reason or another. Some are solely interested in purchasing an investment property in the US, while others are considering moving to the US and want to figure out their future living situation by taking nonresident mortgage loans. Whatever the […]
Continue ReadingApr 2nd, 2024
How to Finance an Overseas Property? A Guide for International Real Estate Investors
Suppose you are interested in buying a property in a foreign country as an investment, a vacation home, or even a future main residence. In that case, one of the questions you’ll probably have is: How to finance an overseas property? In this article, we’ll explore the main aspects of international mortgage lenders and real […]
Continue ReadingFeb 6th, 2024
How To Use Rental Income to Qualify for Mortgage: Full Guide
The US has one of the largest real estate markets in the world, with an estimated worth of $2,53 trillion in 2023. Because of this, it’s no wonder that many investors, both domestic and foreign, are looking to get a piece of that very large pie. Thanks to the highly developed financial services market, investors […]
Continue ReadingMar 10th, 2024
ITIN Number For Illegal Immigrants: What Is ITIN and How to Get It?
Recent estimates put the number of illegal immigrants in the United States at around 11 million. Many of them have jobs and work and actively participate in the greatest economy in the world, the US economy. This active participation also includes paying US taxes, and the only way to do that is by having an […]
Continue ReadingMar 10th, 2024
Can You Use EIN to Rent an Apartment? Here’s A Full Guide!
EIN is one of the three main tax identification numbers used in the US (the other two are SSN and ITIN). It’s a number that’s given to every business that’s registered in the US. And, because millions of businesses are registered in the US, we can safely assume there are also millions of unique EIN […]
Continue ReadingMar 10th, 2024
FIRPTA Withholding: What Is It and Who Does It Apply To
Thousands of foreign investors purchase billions of dollars worth of US real estate properties every year. The trend has been going on for decades, and it doesn’t seem like it will stop anytime soon. A thing that many of those tens of thousands of foreign investors have to deal with is the Foreign Investment in […]
Continue ReadingMar 1st, 2024
SSN vs. ITIN vs. EIN: Guide to Taxpayer US Identification Numbers
Some people are different from others by appearance, cultural and political views, foods they like and don’t like, obviously by their names, and so on. And that’s predominantly how We, the people, distinguish and recognize other people. Governments, or in this case, the US government, have a completely different way of identifying people. The US […]
Continue ReadingMar 1st, 2024
EIN Application Fee: How Much Does EIN Cost?
More than 21 million LLCs are registered and operating in the United States. The industries they operate, the way they are formed, and the number of people they employ might all be different. Still, they all have at least one thing in common — to open a business bank account, they all need to get […]
Continue ReadingOct 18th, 2023
How to Get an EIN for Your Business as Non-US Citizen
International entrepreneurs from around the world use US LLCs in order to expand their business, give their business more credibility, or simply enter the US market. It doesn’t matter what your business dream looks like — in order to see it come true, you’ll need to jump through a couple of hoops, and start a […]
Continue ReadingJul 14th, 2023
A Foreign Investors Guide to Building Credit Score With an ITIN
The easiest way to secure funding for your first real estate investment in the US as a foreigner is by getting a loan. However, it is smart to build credit score with ITIN for most American banks even to consider giving you one. The reason is simple — credit score is a numerical representation of […]
Continue ReadingApr 3rd, 2023
How to Open a US PayPal Account With an ITIN as a Nonresident
If you’re a foreigner starting an online business and need a safe and reliable method of processing international payments, having a US PayPal account can come a long way. However, when opening one, nonresidents have additional requirements to meet than US citizens. In this article, we will teach you how to open a US PayPal […]
Continue ReadingMar 13th, 2023
How to Open a Private US Bank Account as a Nonresident
Having an offshore bank account gives modern-day entrepreneurs financial stability and a backup plan if the worst comes to worst. That is why millions of nonresidents open US bank account with foreign passport. However, the US has various requirements that nonresidents need to fulfill before being able to open one. For instance, opening a private bank […]
Continue ReadingMar 6th, 2023
How to Open a Business Bank Account for Your US LLC as a Foreigner
If you’re starting a business in the US as a foreigner, opening an LLC is just the first step. The second step is opening a business bank account in the States. Keep reading to find out how to open a US bank account as a foreigner for your LLC. Although you probably know how to […]
Continue ReadingSep 24th, 2023
How to Choose the Best Location for Investment Property in the US?
The United States has an average ROI of 10.6% for rental properties and also has high gross rental yields, between 7-10% (depending on the county or state). These yields exceed those of other developed Western countries, including: (data for Q2, 2023) In short, the US is one of the best markets to invest in real […]
Continue ReadingAug 22nd, 2023
Invest in Short Term Rentals | All You Need to Know
Investing in short term rentals in the US has been particularly hot over the last few years. The changes in tourist preferences and travel habits are the primary reasons more and more people are opting to stay in these time-sharing properties over traditional hotels. And thanks to the rising prices in the real estate market, […]
Continue ReadingMay 15th, 2023
What to Put in Your Rental and Lease Agreement With a Tenant?
If you’ve ever considered generating passive income through US real estate investing without signing a contract with your tenant, think again. Just like you can’t build a house without a solid foundation, you cannot pursue a cash flow investment strategy without insurance. And in the case of real estate investing, the insurance is your rental […]
Continue ReadingApr 17th, 2023
How to Find and Check a Tenant as a Foreign US Real Estate Investor
Choosing a tenant is the most critical decision foreign US real estate investors must make when handling property management. Making the right decision can significantly boost your ROI, while a wrong one can set you back months in terms of revenue.
Continue ReadingMar 27th, 2023
Why Nonresident Investors Need Property Insurance
If you’re a nonresident investor buying property in the US, your end goal is to create positive cash flow and maximize ROI. But what if something unfortunate (e.g., a house fire) happened to your property? You’d lose a huge part of your investment! That is why you need to start thinking about professional property management […]
Continue ReadingApr 17th, 2024
How to Settle in USA From India: Guide to US Visas
Indians have been moving to the US since the 17th century. They are an essential part of what makes the US great and are there to stay. In fact, they are not only staying but thriving. Each year, a lot of Indians purchase houses in the US, collectively spending billions of dollars and positively affecting […]
Continue ReadingApr 15th, 2024
Moving to America: US Visa for Ukrainian Citizens
Since the armed conflict between Ukraine and Russia started, many Ukrainian citizens have left the country to avoid the brutality of modern warfare. Recent estimates claim that between 10 and 15 million Ukrainians were forced to flee their homes and settle in other countries as war refugees. One of those countries where many Ukrainian citizens […]
Continue ReadingApr 10th, 2024
How to Move to the USA from Russia?
Over the past couple of years, almost one million Russians have left their motherland due to political and other circumstances. Many of those 1 million chose to relocate to the US, despite the fact that the relations between these two countries have declined. In this article, we’ll provide you with crucial information on how to […]
Continue ReadingMar 28th, 2024
Average Cost of Living in the US: Main Types of Expenses and Prices
The average cost of living in the US can significantly differ from one state to another. How much money you’ll need to cover monthly expenses will depend on where in the US you choose to live. But before you move to the US and settle in the local economy, it’s important to have a general […]
Continue ReadingMar 21st, 2024
The Average Processing Times for PERM in 2024
The US is a land built on immigration and welcomes between 3 and 5 million immigrants each year. There are many different ways to legally move to the US, and one of the most popular ones is to get an employment-based visa. But before you can get one, your future employer needs to go through […]
Continue ReadingJul 2nd, 2023
Does Buying US Real Estate Guarantee Getting a Visa?
Let’s get one thing straight — nothing can guarantee that you’ll get a US visa or US papers. Buying a property in the States doesn’t automatically make you eligible for a US Green Card. At the same time, having a visa or a Green Card isn’t a necessity for real estate investment. But yes, you […]
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