JayDee26,

You can also use Keystart Home Loans, it’s a government agency which helps to buy your first home. I used it 8 years ago. You only need 6% deposit and the FHOG can be used as deposit. You have limitations, but could be a good option if you can apply.

Mosqui

Hi Steve
I joined the forum last year after reading your post, I’m located in Perth WA and I’m also very interested in USA and now Miami because I have a friend of a friend who lives there, so after a few months looking for some good connection I think I have found what I was looking for. I may be going over there in April/May as well and see what I can get. I have also some cash, so I want to buy one or two houses, create some history and then later on ask for some credit to buy more houses. Capital gains is not that critical for me, I need good cash flow at the moment and with the rents in USA I can get that.
First I have to work on the LLC and the bank account, so I’ll following your steps and all the other people buying overthere and posting the experience here.
In order to use the money you make overseas, can you get a credit card in USA and use it in OZ?

Good luck to you and to everyone else !!!

Mosqui