Key Takeaways
- Asylees can own, buy, and sell US real estate — no citizenship required
- Fund property management businesses, fix-and-flip operations, and RE agencies
- No green card required for business funding
- 48-hour decisions based on business revenue
- SBA ban bypassed through private revenue-based funding
US law does not restrict asylees from owning or investing in real estate. Asylees can purchase residential and commercial properties, operate rental businesses, run property management companies, and work as real estate agents and brokers. Many do. Venezuelan and Colombian investors have assembled rental portfolios in Miami and Houston. Ethiopian property managers manage apartment complexes in the DC metro. Afghan real estate agents serve Northern Virginia's large Afghan community.
The capital challenge for asylee real estate operators is not property purchase (where non-recourse financing from private lenders is widely available) but rather business operations: property management company working capital, bridge financing for fix-and-flip projects, and growth capital for expanding a real estate services business. Bankable addresses the business capital need, not the property mortgage.
Real Estate Businesses We Fund
- Property management companies (operational working capital)
- Fix-and-flip operations (bridge capital between purchase and sale)
- Real estate agencies and brokerages
- Short-term rental (Airbnb/VRBO) operators with multiple units
- Real estate photography and staging businesses
- Title and escrow companies
Important Distinction: Business Funding vs. Mortgage
Bankable provides business funding — working capital for your real estate business. We do not provide property mortgages or purchase loans. If you are buying a property, you will need a private money lender or hard money lender, which are available to non-citizens. If you are running a real estate business that needs operating capital, Bankable is your solution.
Frequently Asked Questions
Yes. US law does not restrict asylees from owning real property. You can buy, sell, rent, and invest in real estate with or without a green card.
No. Bankable provides business working capital — not property mortgages. For property purchase financing, look at private money lenders or hard money lenders who serve non-citizens.
Yes. Property management companies with $15,000+/month in management fees and 6 months of operating history qualify.
Bankable's working capital can support fix-and-flip operations as bridge capital between acquisition and sale, particularly for operators with a track record of completed projects.
Yes. All 50 states allow asylees to obtain real estate licenses. Requirements vary by state — most require EAD and SSN.
Bankable funds businesses, not individuals. If you have an LLC or corporation through which you operate your real estate practice, that entity qualifies.
Business bank statements showing management fees or commission income, EIN, EAD, and business entity documents.
Up to $5M for real estate business operations.