Buying property with multi B-2 visa

[sippyg]

Hi,
My friend from India is visiting me. He has a 10 years multi B-2 visa. Can he buy property in the USA to rent out for earning money? Can his visa be converted to permanent resident status, and if so after how long?
Thanks for your help

 

[ajiabs]

Anybody can buy property in US and rent it out regardless of the visa and residency.

There is no connection for owning property and changing to permanent residency status.

 

[Jackolantern]

He can buy property, but US banks probably will not give him a mortgage (except maybe at a very high interest rate) ... he would have to get the money from elsewhere.

B-2 visas require nonimmigrant intent, so they cannot be converted to permanent.