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Can a foreigner buy a house in America for investment and letting the property out on rent?

April 26, 2017America Business buy Estate Finance foreigner House Investment renting

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Can a foreigner buy a house in America for investment and letting the property out on rent?

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Yes, you can buy the house. You can not get a mortgage. You will have to pay cash or make payments to the owner. Lenders want a social security number. The rental market is constantly changing. The economic problems are causing people to be evicted because they lose their jobs. The economic problems have turned many homeowners into renters after foreclosure. Generally, there is a slight oversupply of rentals.