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Updated over 1 year ago on . Most recent reply
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Can I start BRRRR from outside the US?
Hello!
I'm new to the real estate investing world, in fact I haven't yet made my first purchase. Due to work contracts, my family and I are planning to sell our home and move to Europe for a few years. Due to this change, I anticipate having a significant amount of equity from selling our home here in the US that I would like to start BRRRRing with.
My question, is this feasible? I understand that there will be challenges regarding being away from these investment properties to begin with, but fundamentally is it feasible to be able to refinance if I don't live in the US for these deals?
Thanks for the insight!!
Most Popular Reply
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Quote from @Jay Warner:
Hello!
I'm new to the real estate investing world, in fact I haven't yet made my first purchase. Due to work contracts, my family and I are planning to sell our home and move to Europe for a few years. Due to this change, I anticipate having a significant amount of equity from selling our home here in the US that I would like to start BRRRRing with.
My question, is this feasible? I understand that there will be challenges regarding being away from these investment properties to begin with, but fundamentally is it feasible to be able to refinance if I don't live in the US for these deals?
Thanks for the insight!!
I have an investor doing this in the US from the UK.
yes, it's possible
The KEY is to have 110% a reliable team of boots on the ground that you can trust your investments with them.
This is NOT going to be easy, but this is the only way you can do it.
- Luka Milicevic
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