Michigan native here that retired from the active Air Force desperately looking for someone that knows someone with the means to help in my very unique situation.
I have really great credit! I am also without substantial debt (just credit cards routinely paid off in full every month). My (retired) paycheck comes in every month and can be allotted to whoever gives me a loan. I have a VERY sizeable downpayment.
Where I live the average land lot is selling for ~300K
I am looking to buy a house (needs my TLC) on a lot for ~160K. Sounds like a no-brainer right?
Now here is the problem...no U.S. bank will guarantee me, because the property is located in the country of Luxembourg (where the average house often costs close to a million dollars).
The VA only guarantees properties in the U.S. and its territories. The foreign banks will not touch me because of these often cited reasons:
-I am American;
-Due to FATCA;
-My income originates from the U.S. government.
Please anyone out there know someone that can help?