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Updated about 7 years ago,
Turnkey Company, yes or no?
Hi All,
Background: Last year, my husband and I bought a foreclosure property in Missouri and rented it out through Zillow since we had some free time. It's going well so far! However, new job opportunities came up and we are now located in Shanghai, China!
Goals: Our focus is mostly on creating passive income and getting the cash-flow to fund our travels! Hoping to generate enough cash flow in order to quit my day job by age 30 to volunteer, travel, and work on things I'm more passionate about. That's in 3 years, it's ambitious but never hurts to try!
Advice needed: Since we are in Shanghai, we are hoping to find TK companies to assist, perhaps in the KC area, or honestly any other areas that is up and coming. I have read pros and cons about TK companies, but I am not sure how else I can invest from abroad if not for TK.
Also need advice on financing, we are able to save large chunks of $ for down payments but how would I go about getting a loan for the rest of the properties from abroad? I have a great credit score of 799 and no loan history so far.
Thanks in advance!