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Updated over 3 years ago,

User Stats

3
Posts
2
Votes
Gemma Cole
  • Rental Property Investor
  • Oakland, CA
2
Votes |
3
Posts

Overseas investing (Northern Ireland)

Gemma Cole
  • Rental Property Investor
  • Oakland, CA
Posted

Hi BP community. I’m hoping for some guidance. A family home in Northern Ireland (technically UK) needs to be sold. It was my grandparents who both recently passed away so now belongs to their 5 children. If I could purchase it I would obviously get a great rate and with some work the appreciation would be huge. The issue is I don’t have enough cash to purchase outright.

Has anyone experience with "international mortgages"? Are there creative ways to finance this without completely ruining me financially? I'm only beginning my REI journey and don't want to make a silly mistake of the heart.

My parents are currently renting elsewhere but wish to live in this home and use their “cut” as a partial downpayment to help.

Very complicated but as Brandon always says - Not I can’t but How Can I?

Thanks in advance.

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