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Updated almost 11 years ago on . Most recent reply

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97
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Marc Dufour
  • Denver, CO
4
Votes |
97
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Buying a chateau in france?

Marc Dufour
  • Denver, CO
Posted

I am considering buying an old home in France (not necessarily a chateau); they have houses called "manoir", that are really nice. The idea would be to buy and hold.

Anyone has experience on buying real estate in France as a US citizen? How did you get a loan? How was the management property?

Most Popular Reply

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2,770
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Aaron Mazzrillo
  • Investor
  • Riverside, CA
3,665
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2,770
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Aaron Mazzrillo
  • Investor
  • Riverside, CA
Replied

I'm pretty sure you posted about this before. Something about getting a HELOC to do this? I would say, off the cuff, if you are looking into using a HELOC to buy a house in France, you probably don't have the money available to even consider such a move so stop trying to impress your friends with your real estate empire because they probably don't really care. If that wasn't you...

Then my next question is why do you think you need to buy a house in France? Seriously, what would be the point? Bragging rights? I see you are in SF so maybe you've capitalized on the whole social media trend and now you're looking for a place to waste invest your money? If so, go for it! I mean, there's never been a tech bubble before.

Again, seriously. Why do you keep posting about buying a house in France? Are you planning on moving there soon?

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