Real estate investment : How can I ensure my rental income covers my mortgage payments ?

Most people need to take out a mortgage when they invest in property. Whether you go through your bank or a broker, that mortgage has to be repaid in the form of monthly payments. At the same time, you will be receiving rental income by letting out your apartment. But how can you arrange it so your rental payments are roughly the same as your monthly mortgage repayments? What conditions are necessary for you to structure your financing so the rental payments cover the full cost of the monthly instalments. Read on and we'll explain it to you. Read the article…

Taking Out a Loan as an Expat : How to Maximise Your Odds

Living abroad and you'd like to invest in real estate in France? You'll need to convince a bank to go along with your project. With interest rates as low as they are today, how can anyone pass up on the opportunity? The only problem is that it's sometimes harder for an expat to get a mortgage. Harder, but not impossible! With My Expat's help, discover how taking out a loan as an expat.  Read the article…

Expatriates: How to assess your mortgage capacity?

Most people find themselves expats because of a professional opportunity, with financial advantages often being part and parcel of the deal. But when it comes to taking out a loan in France, things can get complicated - salary paid abroad, type of contract, requests for collateral are the main obstacles you can face. There are solutions, however, but how is a mortgage calculated? What lending rates do French banks apply to expats? And more importantly, how can you be sure that a French bank will grant you a mortgage for your project? Answers. Read the article…