Posted by BRS on March 16, 2002 at 04:57:41:
I am interested in doing RE investment. I’m legally residing here, but I am not permitted to work.
Although working and investing are two different things, my understanding is that the state agency which may question me later if I were to apply for permanent residency has a broader definition of work; work such as rehabbing and managing property would not be looked favorably by that agency. Also I am not sure if there are any limitations on the number of re transactions one can do without a work permit even if you hired others to do that kind of work.
Given this limitation, what type of rei transaction(s) do you think would be most suitable and have the best returns in my situation? Notes, tax liens, buy and hold and hire others to do the work, or any other type?
I will appreciate any of your comments.
BRS