Buying property abroad
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Anonymous
| What is the best way to finance property abroad? |
Anonymous
| Why would you do that? |
Anonymous
because I want to spend a lot of time there. I work from home 100% so I can move around. |
Anonymous
| Rarely possible without owner financing |
Anonymous
| Or a home equity loan using a property you own in the US. |
Anonymous
"abroad" is a big place. 
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Anonymous
| It depends where, but most foreign buyers need to pay cash. |
Anonymous
yeah, thanks. it's my home country but not sure how that changes anything. I would prefer to borrow money in the US and buy for cash over there. |
Anonymous
|
Home equity loan on your property in the US.
Margin borrowing on your 401k/stock portfolio. |
Anonymous
Have you ever left the United States? You sound very provincial. |
Anonymous
But where? The answer ton that makes all the difference in the world. |
Anonymous
how does it make a difference? i already abandoned the idea of borrowing locally. it's croatia, btw. |
Anonymous
thank you! |
Anonymous
?? I don't see what this has to do with buying property abroad. This answer would work for purchasing anything, a car, a college education...You couldn't have figured that out? |
Anonymous
the value is in confirming that there is no better way - e. g. something specifically tailored to foreign real estate. |