Investing in oversea property

[Lucas B.]

Hi guys,

I am thinking about buying my first property abroad. I would like to take an advantage of existing attractive currency exchange as well (while the dollar is strong), among few other benefits. What would be the best way to invest in foreign investment property, I am planning to rent it out. I currently own a few US residential properties that I am renting it out, and an option is to use my HELOC to finance the property abroad. Should I pay it off with a HELOC? Are there any better ways to finance it, take a loan in the US (not sure if anyone would lend me money for foreign property with current attractive mortgage rates), take a loan in a foreign country (same thing, not sure it would be so easy, and if so, most likely not so attractive). What do you guys think?

What about currency exchange, how would that work (is there a way to somehow lock it, have some control over it, would I know what it will be, at what point during the transaction)? What is the best way to transfer the money (pay for the property)?

Thank you

[Account Closed]

@Theresa White  These are good websites.  

https://www.frenchentree.com/living-in-france/for-...

https://enness.co.uk/ask-expert/non-uk-resident-ge...