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I found a sweet investment property out of the country for 200K Where can I get a loan to help finance this? |
There really is no financing available in the country. The builder is offering financing but would require putting at least $60K on a step up plan down over the next 6 months then 9% interest payments on 50% of the purchasing price. I don't have that kind of cash on hand. Sounds like an emerging market if there is "no" financing in-country, which is not a problem, but be very careful to ensure you are dealing with reputable people throughout the transaction. Most importantly, GUARANTEE that clear title can be conveyed. Where is the property (state?) Hello, If you are looking for funding for real estate properties, we have a new website up that will unite property investors such as yourself with financial investors. |
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