Financing in Harrisburg>Question Details

Andrew Bartl…, Home Buyer in England, AR

i am looking at moving to harrisburg from england and i would like to enter the buy to let market,

Asked by Andrew Bartlett, England, AR Sat Nov 24, 2007

what is the best way to finance these purchases.as i have some capital, and would like to obtain a portfolio of property. can you tell me is the market good at the moment for lettings kind regards andrew

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Answers

5
The best way to finance these properties is with at least 20-30% down. You will get the best rates, and most likely be able to enjoy some positive cash flow.
0 votes Thank Flag Link Tue Mar 25, 2008
Hello
I just helped an investor from the UK buy 2 properties in the Charlotte area in the last 2 years. I can share some of his experiences in purchasing property here. With the GBP vis a vis the Dollar it is a great time to buy here. I also know of good property managers that are very responsive and easy to deal with even if you are out of the country. Please contact me.
Kevin Johnson
Broker Owner
Homes of the South Inc.
0 votes Thank Flag Link Sun Mar 23, 2008
Hello, Andrew.

I'm about 45-60 mins. from Harrisburg, in Lancaster County. (heart of Amish country, as we're known) I'd be happy to connect you with some quality lenders in our area. Curious what brings you to Harrisburg? Happy to help...
0 votes Thank Flag Link Mon Mar 10, 2008
Hello Andrew. I would agree with our friend in the Bay Area to contact a realtor. We have relationships with local lenders and companies and can refer you to a strong lender who has the ability to structure financing to meet your specific needs. Additionally, we know the most desirable areas locally and can help educate you on what the area demands. Please contact me and I am happy to assist with any questions or connections you have. All the best~
0 votes Thank Flag Link Tue Dec 11, 2007
Your best bet is contact a Realtor, or interview a couple. If you are buying as an investment make sure you communicate as much as you can to the Realtor that you choose what your goals are. It is a great time to buy, and there are many deals available in this current market.

Good Luck
0 votes Thank Flag Link Sat Nov 24, 2007
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