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 over 4 years ago,
Buying 1st property
I have question, I would appreciate any advice on the topic please?
I am looking at buying my first single family home, but I’ve run into a few snags so far.
I am from South Africa and looking to finance the purchase. The house is located in the USA and I work here in the USA on a H2A visa.
So far I am putting a 8% deposit down on the house. But it seems like my debt to income ratio is a little high, it’s around 52% and I can get it down to 44% so that’s not a problem. As a foreigner I am not sure what do to and what the best way is.
Please provide some advice on this topic.