» Topic: Fixed for a long time mortgageBonner & Partners

Saturday, 20 January 2018

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Fixed for a long time mortgage

Welcome! Forums Real Estate and Private Investments Fixed for a long time mortgage

This topic contains 1 reply, has 2 voices, and was last updated by  Web Admin 5 years, 4 months ago.

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  • #17618

    CLIVE R.
    Participant

    you can also finance at once-in-a-lifetime low rates…fixed…for a long time

    This is a very appealing idea from Bill for buying real estate. The trouble is that I would like to find a bank or institution that will give the long term loan.

    Does anyone know how to do that short of pointing a gun at the banker?

    If I were a bank, I would give a 5 year fixed loan, adjustable every year after that. The banker would have to point the gun at me to take that loan.

    I would like to buy a unit in a co-housing complex of twenty nine homes plus a Common House and an office building. We have a hundred acres of farm land and an energetic young farmer who needs housing. I would like to buy a unit to offer for rental to the farmer.

    I bought into this complex three years ago because of the farm land and the high quality buildings instead of buying gold as a hedge. I needed somewhere to live and had no property. This was more expensive than buying a distressed unit in FL but I think the value is better.

    http://peterboroughcohousing.org

    #17976

    MARTENS25430
    Member

    This isn’t a reply exactly, more and endorsement of the question. we are Brits, living in france, French tax residents, looking to buy a property here at some point. Looking long term (the longer the better) loan , probably in Euros, with the potential to secure against an investment portfolio in a life insurance wrapper (Luxumbourg based). All input welcome!

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