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US Buying in the US

Discussion in 'Where to Buy' started by vtt, 10th Jan, 2016.

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  1. vtt

    vtt Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    254
    Location:
    Inner West, Sydney
    I've been thinking a lot lately about purchasing a property in the US. I'm thinking about a nice property in a good area in SF or NY, for the first few years the property would be an investment but later a PPOR as hubby and I may soon have US Residency and may move there at some point in the future. In the meantime we are both Australian citizens and residents.

    I've seen other posts on this where people have purchased in Atlanta, New Jersey etc but I'm not interested in holding multiple lower value properties. I'm interested in a good quality property that is well located in a nice area close to transport with proximity to the CBD.

    The problem is... I have no clue where to start. Can anyone point me in the right direction? How can I find an agent to help us source the property and a bank that will lend us the money?

    Thank you
    vtt
     
  2. MTR

    MTR Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    7,375
    Location:
    Perth, Melbourne, USA
    Start with biggerpockets its a US property forum, join up, ask questions its a starting point. Huge forum and very interesting stuff on here, lots of information etc

    Also do you have US $ for deposit, otherwise the exchange rate will be a killer at the moment.

    Marisa:)
     
  3. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,501
    Location:
    Sydney
    I, too have the same question. I'm currently in Death Valley and later Las Vegas. The Bay Area (SF) seems like a nice place to live especially the Silicon Valley area. The prices have steadily increased since GFC and depending on the suburbs, you could get a small apartment in Palo Alto for a cool million dollars with no views. Mountain View is nice too. San Jose is coming up.

    Go to zillow.com to check out house prices.