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chelsea

  • chelsea replied to the topic Non resident investment in the forum No Subject 21 years, 4 months ago

    Thanks your help this is good advice.
    The deposit etc is not a big issue as I do have some funds I can invest but finding the right property and right lender etc is more of an issue.
    Thanks again your response.

    Ed

  • chelsea replied to the topic Non resident investment in the forum The Treasure Chest 21 years, 4 months ago

    quote:
    Non resident lending is tricky. You need to have a 20% deposit plus costs to purchase so on a $AUS 250,000 property you would need $50,000 plus $10,000 in costs to buy.

    If your income is derived from a country not on the banks acceptable list then you will need to rely completely on rental income unless you buy when you arrive in…

    [Read more]

chelsea

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