Google Answers: Securing an overseas mortgage for a condon on St. Maarten

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Q: Securing an overseas mortgage for a condon on St. Maarten ( No Answer, 0 Comments )

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Subject: Securing an overseas mortgage for a condon on St. Maarten
Category: Business and Money > Finance
Asked by: dendog88-ga
List Price: $5.00

Posted: 21 Apr 2005 11:52 PDT
Expires: 21 May 2005 11:52 PDT
Question ID: 512315

I am a U.S. citizen who is interested in purchasing a condo for
rental/investment on St. Maarten, BWI.

The condo is roughly 220k and I can put a downpayment up to 100k but I
want to keep my liquidity low. I discovered that US lenders do not
offer any mortgages for overseas purchases.

I would like to find international lenders that can provide a 30 year mortgage. 

Can I also tax deduct the loans as if this was a US property? 

Thanks, 

Den

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