4 ms·
>If you rent the property out you should be able to cover the debt service. (Obviously it exposes you to Portuguese RE risk, as well as EUR currency risk, and r
by vram22 8y ago
>If you rent the property out you should be able to cover the debt service. (Obviously it exposes you to Portuguese RE risk, as well as EUR currency risk, and requires good credit
Does that mean you are planning to get a loan to finance the purchase of the property?
- kgwgk 8y agoGood question. Maybe the plan is to mortgage other properties elsewhere where they actually live to finance (at least in part) the operation?
- rdl 8y agoYou can get ~50% mortgages I believe, internationally, particularly if you have other assets to secure it with (some banks I work with will do crypto lending, at least for BTC)