How do you purchase real estate while overseas?

It's tough enough to invest in RE out of state, let alone overseas, unless you make frequent trips to the US.

I live in California, but own property in other states up to a 5 hour plane ride away. I can do it because I have excellent teams in place where I invest, and I GO SEE the properties before buying them.

It may be tempting to buy very low-value properties, but I would suggest that this is more difficult than it may seem. Visiting properties before buying is increasingly important in the low price tier because they are oftentimes located in war zones or are in near tear-down condition.

If you have capital, you might try finding an experienced US-based partner. If you don't have capital (IE you are trying to wholesale, wrap, subject-to, or seller-carry creative financing), you might be better off moving to the area where you want to invest, it would be extremely difficult to do that from overseas profitably.

In my experience, I'd stay away from the low grade houses and focus more closely on Multifamily, particularly larger properties as the price per unit and price to rent ratios are closer to what excites you about the low end homes, but with less risk and greater economy of scale.

Source: http://www.biggerpockets.com/forums/311/topics/81073-how-do-you-purchase-real-estate-while-overseas

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