H1B - Investing in rental property


Chinnu126

Recommended Posts

what are the ways for a H1-B holder to buy an investment property in US.

we(both myself and my spouse) are on H1-B and both of us have our I-140 approved.

we have a town home and we are now buying another one. single family house.

we don't want to sell the town home and planning to convert this into a rental property.

what are the ways for us to have both houses without selling townhome?

I heard about LLC. but not sure whether we can register an LLC on one of our names being on H1 and if YES whom should we contact?

 

Does it matter for LLC to have mortgage on the investment property Vs no mortgage on the investment house?

 

appreciate all your valid responses and TIA.

 

Link to comment

Archived

This topic is now archived and is closed to further replies.