Source of fund


By rojwol - Posted on 23 August 2009

I have a fund of $250,00, earned here in US. My friend is willing to provide me the loan for $250,000. Can this fund is eligible for EB-5 program?

I would like to invest in RC with these two funds together of $500,000. Does this work?

No, because the fund, up to the minimum requisite amount, has to be your money (cash or loan collateralized with your personal asset) to qualify. If your friend gifts the $250,000, that would be OK but not lending it, because a loan is not your money unless you gave your personal asset as a collateral for the loan.