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Updated over 6 years ago on . Most recent reply
What's the minimum amount of money i need to buy a house to rent
I live in England and want to buy a house to rent it for passive income. I'm 21, not had a credit card before. I'll need a loan and investing in real estate agents.
Whats the minimum I need to get started? (Roughly as obviously it will vary place to place and for what I need)
Most Popular Reply
Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
as a foreigner you will find it next to impossible to get a loan.. so that's the first thing.
second is you must be very careful.. there is a ton of fraud goes on selling US properties to foreigners..
choose wisely mate..
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners