Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 08/02/2017
Funding My First Property While Overseas
Hello everyone, I am stuck in a bit of a situation that I really need to figure out what to do and make some progress! So currently I am stationed overseas in Japan and when I separate my wife and I will be moving to South Carolina in 2019. Now I would really like to purchase a duplex now so I can house hack before I have less than a year left in the military so it is easier to get approved. However, because I wont be able to live in the property immediately I will have to put at least 20% down I believe with the loans I have access to, which I do not have saved up. I was thinking about getting a partner maybe, but I have no experience so I believe it wouldnt be too easy to get one who would like to go in on the deal with me when I am a newbie. Does anyone have suggestions or ideas that I could possibly look into? Getting the down payment due to the high percent down is what is my challenge. I would love to hear everyones thoughts!