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Updated over 3 years ago,
Foreign Rental Property Investing
Hello everyone!
I'm hoping to find someone with experience in purchasing property in different countries. I currently live in Japan and am interested in purchasing rental property here. I have looked at Proforma's and property analysis, so I'm not just buying blind. I've also established connections and report with two agents here.
My issue comes to financing. I'm American and am having a hard time obtaining a loan to buy property here in Japan. Since I'm not a resident, the banks here won't provide me a loan. I do already own a few rentals in the states so I'm not a complete rookie when it comes to obtaining traditional loans. Does anyone here own property in a different country, and if so how did you finance it? Thank you in advance for any help you guys are willing to offer.
V/r
Andre T. Lewis