Hello. As an foreigner(student at local university) without any credit, could I purchase this house with cash?

Asked by peavey_sam, Detroit, MI Thu Dec 27, 2012

This question was asked from this property: http://www.trulia.com/property/3102031421-825-Piper-Detroit-…

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Theresa Will…, , Detroit, MI
Thu Dec 27, 2012
You may purchase this house with cash. There are no restrictions. Contact me for showings or if you would like to write an offer. Theresa Williams, I am a licensed realtor with Keller Williams,
Office 248-626-2100 Cell 313-421-1472.
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Kevin Flowers, , Detroit, MI
Thu Dec 27, 2012
Hello sir and happy holidays! The answer to your question is yes. I work with foreigner's everyday buying and selling property in the Metro Detroit area. You would be wise to make such a purchase at this time in the market. Please allow me my two cents; I would advise you to work with an agent/investor who can guide you through the process of creating a business entity (Limited Liability Company) for you to make this purchase with. You want to protect yourself by never making a purchase of property in your own name. You should also consider your end strategy. Living in a condo is fun, I did when I was in school, but it is traditionally difficult to sell afterwards. I would advise a single family home that you could easily sell or rent out for cash-flow after your studies. In either event, congratulations on a wise decision and good luck with it. If you need assistance, don't hesitate to give me a call and/or email.

To your success, in business and life!

Kevin Flowers
Discount Detroit
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Ashley Hamil…, Agent, Detroit, MI
Thu Dec 27, 2012
Yes, you can purchase any house with cash with no questions asked. Call me for a listing or if you would like to put an offer in. 3138548495 Ashley
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