{ "media_type": "text", "post_content": "I am on H1B, and currently based out of bay area, CA. Can I buy property/ real estate in TX or GA for purely investment purposes and use rental income from that to offset mortgage payment and generate cash flow. Is that okay to do on H1B? Any advice from people who have done this or from legal folks in this bowl will be helpful. \n\nHappy New Year 🎆", "post_id": "5ff23510311243001c01da4b", "reply_count": 1, "vote_count": 1, "bowl_id": "5a5242b78e26290018502ca0", "bowl_name": "The Real Estate Bowl", "feed_type": "bowl" }

I am on H1B, and currently based out of bay area, CA. Can I buy property/ real estate in TX or GA for purely investment purposes and use rental income from that to offset mortgage payment and generate cash flow. Is that okay to do on H1B? Any advice from people who have done this or from legal folks in this bowl will be helpful. Happy New Year 🎆

like
Posting as :
works at
You are currently posting as works at

Immigrant here. I don’t think you wouldn’t be able to do it but your rates may be higher. And you have to put more money down. It’s already the case for citizens, but might be even more for non citizens.

Related Posts

Anyone get approved for the H1B yet this year?

Anyone ever dealt with a green card legal fee expense repayment, I.e. clawback by an employer? Is it normally enforceable under NYS/NYC labor law? Repayment is required 24 months after receipt of the green card.

likefunny

Anyone know of job opportunities for a UK qualified solicitor (corporate law) in Germany? Doesn't necessarily have to be legal counsel, open to other roles, preferably not a big corporate firm (mental health reasons). S.O. and I are moving to Germany, both are allowed to work there due to EU nationality so visa is not an issue. Unfortunately not great German language skills (fully aware this poses a problem). Would really appreciate any help on this, TIA.

like
like
like

H1b season is 3 days away and no response from law firm. Is anyone facing issues with a brand new h1b ? Opt case

What are the different levels at Visa? Eg deloitte goes- analyst, senior analyst, consultant, senior consultant, manager etc What would be the equivalent here?

likehelpful

Is anyone aware of a company looking for CSMs that would sponsor a work visa for a Canadian to live and work in the US?

If I am getting both options like skilled worker visa or dependent? Which one should i go for ? Do we have any pros/cons for both ?

like

I'm a technology consulting analyst looking for TN or H1B Visa sponsorship, do anyone know of available consulting position in the US with sponsorship?

like

Hi all. Trying to move from the US to France to be with my partner. Anybody able / willing to help provide insight for getting a visa and sponsorship? Which companies are likely to sponsor an American? I have a B2 level of French. Hoping to stay in ESG / sustainability, but willing to be flexible. Thanks!

like

Does anyone know how to obtain a “police check”/ certificate of clearance for immigration purposes from out of America? I used to live in NY and need to get it now but have no idea how from out of US.

Does anyone have experience getting a h1b stamp in Europe (as a non-citizen just traveling there for tourism)?

like

Is it possible to switch from consulting to ibanking with a STEM background while on H1B? Or does USCIS care that your education and background fits perfectly into the little description? Job I’m interested in says STEM/business/finance UG required (it’s a capital markets role) but I’m unsure of how this would work (never switched jobs before on H1B). TIA!

likehelpful

Picking a country to live and work in: my spouse is a Mexican citizen (with US green card) who works in Mexico City, and I'm a US citizen. We want to live together, but my spouse has great career opportunities in tech in MC, and finding a job in the US has been hard. I could likely get a job in MC, but I don't speak Spanish and my income would be much lower. How should we handle the decision of who moves where? We are both looking for tech jobs in the bay area, but we haven't had much success.

like

For US non-citizens:: Do the lenders ask for visa status when approving home loan? My house closing is in dec'22 and my current h1b visa expires in feb'23. Would there be a concern if try to finalize my loan say 45 days before my house closing (given the h1b extension process would be still underway during that window)?

like

My fried work in Infosys. His manager asked for his interest for H1B visa nomination. What does that mean? Will he get the opportunity to go outside India.?

I am on OPT Stem currently in my last year. What are my next options for visa if my company doesn’t want to sponsor me for the H1B?

I have 5 YOE and H1B is approved with an offer 90K/Yr in TX, US. Wanted to know if 90K/Year is sustainable for Me, Wife and a kid of 6 months? Would I be able to make any savings or should I ask for more? Thanks in advance :)

like

Friends - I have created this bowl to discuss US immigration issues, policies and strategies. Post your specific question related to US immigration and get it answered on this bowl. Request you to keep the discussion civil and professional. We are consultants and are here to help each other out. #Immigration

like

Additional Posts

Mimi and Milo sleeping comfortably

Post Photo
likeuplifting

How much do Partners make broadly speaking?

like

I love my job and have been doing it for years. My Principal is good to me as well! The problem is...the Paraprofessionals at my school are never recognized. You have Teachers Day, Secretaries Day, Principal's Day, etc. Paraprofessional Day comes and goes at my school every year with nothing mentioned to us. Paraprofessionals in my department (Sped) wear many hats on certain days and work extremely hard (mentally/physical)! Does anyone else get this treatment?

like

I remember being at PwC, I was a high performer. Asked my relationship partner to meet to discuss a path to early promotion. His/Her response was "why does everyone want an early promotion around here". The advice I got was to network with partners...Thanks for the help.

likefunny

Any residential real estate lawyers wanna give me some insight? Bought a house with an undisclosed mouse infestation (literally hundreds in the attic/walls/insulation). The sellers supplemented their disclosures 3 days before closing to say they found a “couple” mice in the garage while moving out and that they had an exterminator out to fix the issue. Cool. We are literally going to have to gut places in the basement because of mice in the walls - approximately 30-40k in work. (Continued)

like

What do you think the demographics are of most of the people here?

like
like

Hi Everyone - I am evaluating an offer from Justworks and am trying to understand refreshers from Year 2 onwards. I know the actual value will be depending on performance and level, but wanted to understand if it’s something closer to what they offer upfront and if it’s with a similar vesting schedule. Any insights will be appreciated. Thanks in advance!!

like

Hi folks, I am asking for restaurant recommendation. Budget is ~$60 per person. Nobody drinks. Prefer good view (such as by a lake or something), or beautiful indoor. Anywhere within 2 hours of Denver is good. Thank you!

like

Has anyone gone thru funneling of cervix around 16 weeks and did progesterone suppositories help close the gap? Or did you get a clerclage?

like

Do you pretend to like clients you don't actually like?

like

Does EY have the least inflated role titles? I've noticed my SM here does more than a couple of MD's at another big 4. EY Deloitte PwC Accenture

like

Does anyone have feedback they’d be happy to share about BiP (Business Integration Partners) specifically the Milan office? Ty!

like

I’m losing it. Sister cannot sleep at night and proceeds to wake me up every hour to talk about how she can’t sleep. It’s been like 3 weeks now. “It’s not insomnia, I’m having involuntary body movements”... doctors find nothing wrong. I just went off and feel bad, but think she needed to hear it.. “yes, it’s not your fault you are going through things, but it’s you who is making decisions”

likehelpful

My wife and I finally finished our nursery (baby due in Sept). We're pretty happy with how it came out

Post Photo
like

Anyone else dying this week 😅

like

I PASSED FAR!!! Three attempts later.... omg I thought the day would never come!!

likeupliftinghelpful

Thinking about buying a rental property in the Southwest Chicago area. Any tips on how to get started and what to consider before buying? Want an additional source of income.

like

anyone keep a car in midtown? How much is parking a month?

likefunny

Expected salary for 3 years in Consulting and Analytics. Skills: SQL, Python, Data Visualization

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal