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Updated almost 8 years ago,

User Stats

88
Posts
14
Votes
Milan Obradovic
  • Real Estate Agent
  • Brooklyn, NY
14
Votes |
88
Posts

Information on Particular Situation

Milan Obradovic
  • Real Estate Agent
  • Brooklyn, NY
Posted
Hello BP. My wife and I have discussed purchasing an apartment in our home country in Europe. The price of an apartment we would be looking for is around 70k. While considering options for financing, I have contemplated the best way to get money for such a purchase. I do not want a private lender because I am interested in long term payoff with low monthly payments. My idea was to pull money out of a property I own, is this the only way to do it or does someone have any other opinions? I am interested in hearing your thoughts, also if anyone has experience with financing for international purchases, does that make the banks act differently? Thank you