Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
Financing Options with No Job
Hello Invester Friends,
I am living abroad in South Korea. I have two options and questions:
1. Upon completion of my teaching contract, I’d like to return to the U.S. to purchase a small multi family home in Buffalo or Atlanta.
How would I go about public (bank) financing with out having an immediate job? I do have U.S. working history, a college degree, on par credit and some savings.
2. I’d like to purchase a home in the U.S. while still living and working abroad, granting a parent, with Power of Attorney.
Could I use my foreign income to purchase a home in the U.S. if I gave someone Power of Attorney?
Thanks,
Chauncey