Buying a Property Remotely From Abroad

[Tobias S.]

Hi! I'd like to start to invest in real estate in the US and I saw out-of-state investing has become pretty common. So I thought as a German buying something without flying in would be very similar. Now I wonder if it's possible to buy a property remotely being a non-US citizen and not living in the US? Lenders weren't needed. TIA

[Charles Carillo]

@Tobias S.

It is possible but it depends on your investment plan. Are you looking to purchase a turnkey property? Do you have a market in mind? I would suggest speaking to a CPA and/or attorney in the US to help minimize your taxes before you invest. DM ME if you want a list of the professionals we work with that specialize in foreign investors.