Hey,
Just wondering what australian lenders (if any) will lend to purchase an investment property in the Uk and/or US?
Cheers!
Macca if you mean they take the overseas property as security it is clear and simple = NONE.
If you mean you set up a line of credit and use the funds for whatever purpose then a few will do that.
I am in the UK at the moment sourcing properties for my Australian investors so can speak about the UK with some authority.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Hi Richard,
I mean using a residential property here as security plus around 50k cash. Im really 'green' when it comes to overseas investing but think that the UK would offer some great opportunities at the moment to purchase at a reasonable price and maybe easier to get CF positive.
Any info on how to buy in the UK would be greatly appreciated. When you say you are sourcing properties for clients do you mean you act as a buyers agent as well? What sort of $$$$ are your clients investing?
Cheers
Sorry when i say 'here' i mean i have equity in a property in Aus and im live in Aus as well
Hi Macca
Shoot me an email an email and i will send you over the latest project we are recomending to our investors.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
You must be logged in to reply to this topic. If you don't have an account, you can register here.
