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Updated over 4 years ago,
Very new to this.....help!
I am selling my home and will have a good chunk of cash from the proceeds. My own market is very high, so I have decided not to invest here at this time. I have been obsessed with Ireland since forever, and I would be able to pay outright for a property there. I have narrowed down my location to Killarney. I am looking to use the property for an air b and b that I would run remotely. My thoughts are that I can buy a property at home in the USA at any point with a mortgage, but my chances of coming into a large chunk of cash again are lower. From my understanding it is impossible to get a mortgage in Ireland as a foreigner. I guess I am looking for some reassurance that my thinking is not crazy. LOL. I am new to investing and do not want to hang myself by making some rookie mistake. Any advice for this newbie? TIA!