Do Banks Lend To LLC’s To Buy Houses? 🏦🏠 | Thach Nguyen
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FacebookThach Nguyen
Banks lend against assets not credit scores
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Can a foreigner open a bank account in the US?
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James Baker on Instagram: "Most non-residents waste 3-6 months applying to banks that will never approve them. ㅤ Chase. Rejected. 🚫 Wells Fargo. Rejected. 🚫 Bank of America. Rejected. 🚫 ㅤ You start to think it's impossible. ㅤ But here's the truth: you're applying to the wrong banks. ㅤ ✅ The moment you know you found the right bank: ㅤ When you say "I'm a non-resident with an LLC" and they say "Perfect, we work with international business owners all the time." ㅤ That's the one. 🎯 ㅤ Most banks
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Most non-residents make them without even realizing it until it's too late. ❌ Mistake 1: Forming an LLC but using the wrong business address Banks need this to verify your business and open accounts. Without the right address, you might as well close the LLC yourself. ❌ Mistake 2: Forgetting your state deadlines If your LLC falls inactive, your bank can freeze your account and you lose legal protections from the state. ❌ Mistake 3: Assuming zero income means zero filings If your LLC is foreign-o
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