Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

38
Posts
3
Votes
Matt E.
  • Tokyo, WI
3
Votes |
38
Posts

Owner-occupied financing for American living abroad

Matt E.
  • Tokyo, WI
Posted

Hi,
I have plans to purchase my first investment property in my hometown over the summer. It's listed as a triplex; however, the unit upstairs has a spare bedroom across the hall. My mentor encouraged me to look into owner-occupancy financing as an option. Considering the fact that I live and work overseas, would any lenders allow this? I do not want to pursue this option if it is in any way illegal or misleading.
Details:
My tax base is Japan; my salary is paid in yen.
I have never owned a home in the US.
I go home every summer for a few weeks and stay at my parents' house.
I currently use my parents' house as my home address, except for IRS
I have two open bank accounts in the area
I have a valid US drivers license
I do not have intentions to move

Thank you very much for your advice! If you would suggest an alternative for financing my first home from abroad, please let me know. I want to start off my career in real estate the right way.

Matt

Loading replies...