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Updated almost 8 years ago on . Most recent reply

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Stevan Adzic
  • Sydney, NSW
0
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Australian investor finance options

Stevan Adzic
  • Sydney, NSW
Posted

Hi All,

Quick background;

I own a property (single family home) in Kansas City, MO, I paid $42,000 USD for the property, settled Jan 2017

The property is owned outright with no debt, thus I’m exploring financing options (private/non conventional) to secure against this property in order to fund my next property purchase.

The next purchase will range from 25-30K USD, and will be in Kansas city.

What type of options are available?

Kind regards,

Stevan

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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
Replied

CASH. You bought it in Jan 2017. Thats not enough seasoning time 

You could pull equity from Australia and use it to buy here 

I've done that two times using family members line of credit back in Aus

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