Funding in the USA when out of the country?

[Abby J.]

Hi,

I have learned a massive amount in my few weeks as part of Bigger Pockets and there are even some opportunities coming our way already!

I'm a US citizen in Australia and wanting to invest back home. All of our assets though, are in Australia. I still have a financial presence in the US, and I'm about to call my bank to see what's possible. I thought I'd see if anyone has any suggestions or experience prior to making that call.

Thanks,

Abby

[Darron Stewart]

Abby,

Does not really matter where you are in the world, I bought a house in DC area while living in Germany and on assignment to Spain. Just buy in an area you know and find a person you trust. I grew up in DC area and had my parents there, so it was fairly easy for me. When I was home on vacation, spent a couple days looking and went back to Europe, they negotiated and closed the sale cashing the blank check I left for them. Fast forward 5 years, sold at a peak and my 5k turned to 50k, but fast forward and the house probably would have made me 5 times that... Also keep in mind, things you can fix for $5 may cost you $55 for a repairman to do for you. Research and make an informed decision!

Darron