international JV
- Thread starter aileen
- Start date
Does she live in Canada or the US?
QUOTE (aileen @ Sep 24 2007, 05:59 PM) I have a friend who is a American citizen. She has some cash available for invest. If she want to be my JV partner, Can her name be on Title with me ? if anybody have some suggestion for me , I will be very appreciated.
QUOTE (aileen @ Sep 24 2007, 05:59 PM) I have a friend who is a American citizen. She has some cash available for invest. If she want to be my JV partner, Can her name be on Title with me ? if anybody have some suggestion for me , I will be very appreciated.
QUOTE (aileen @ Sep 24 2007, 07:59 PM) I have a friend who is a American citizen. She has some cash available for invest. If she want to be my JV partner, Can her name be on Title with me ? if anybody have some suggestion for me , I will be very appreciated.
Please speak with a lawyer before moving forward. I would suggest that you qualify for the mortgage and have the title in your name. Primarily because you will be able to get up to 80% LTV vs out of country 65% LTV on first mortgage.
Hope that helps.
Please speak with a lawyer before moving forward. I would suggest that you qualify for the mortgage and have the title in your name. Primarily because you will be able to get up to 80% LTV vs out of country 65% LTV on first mortgage.
Hope that helps.