Renovation costs would need to be financed separately.Private Lending or Hard Money: Use a private or hard money loan to acquire and rehab the property, then refinance into a joint long-term loan.Seller Financing: Negotiate terms directly with the seller for a flexible financing arrangement.Final ThoughtsUsing an FHA 203(k) loan for your first property is a smart move, and with the right partnership agreement, you can still achieve your 50/50 goals.

This equity can be used to acquire another property.However, there are some important differences compared to the U.S.:- Stricter standards: European banks tend to be more conservative with LTV ratios and income requirements.- Taxes and costs: It’s important to consider taxes and additional fees, which can often be higher than in the U.S.- Financing options: In some European countries, investors also turn to private lenders or lines of credit to expand their portfolio.To scale a portfolio in Europe, a common strategy is to reinvest rental income and refinance properties as their value increases over time.

Price points are low when acquiring real estate but that also comes with lower rental market values for your units so it pretty much evens itself out.With that, if you are going to buy in Reading I advise you strongly consider managing your own properties.

Borrowers can acquire a primary residence from up to 1-4 units for as low as 5% with conventional, as the regulation was approved last year of November 2023.

It provides the least amount out of pocket to acquire properties. 

The true definition of "owner financing" is that the owner of the home is providing the financing to acquire a property.  

The mortgage foreclosures require the state to acquire three appraisals of the property, the opening bid on the auction will be 70% of the average assessment as the opening bid.  

My fiance and I started using rental hero once we acquired our second property.

To provide a practical example, I acquired a 60,000 SF assemblage that contained an autobody garage, nearly an acre of surface parking and a 4 unit building in Philadelphia.

Scale with a long-term plan, acquiring one or two properties every few years.