International Property - Equity drawn-down to invest in the US
I worked in London, UK for +8 years and during this time I purchased a residential property, there. 18 months ago, I relocated to Philadelphia, USA and I now rent the London property to tenants.
I have some solid equity built up in the London property and I am keen to release some of this equity and invest it here in the US (specifically, in residential property here in Philadelphia). Does anyone have any experience in doing this?
I have been researching a solution for some time now and haven't found anything that can help me. Any assistance from BP nation would be hugely appreciated!!