Loan in USA to buy property in India

xenos14 · Post by **xenos14** » Fri Mar 04, 2011 10:26 pm

All,

I am from houston and recently purchased a property in Mumbai.

Question: Is there any way to get a decent loan from US to pay back my House in India?

Important: I do not have any property in US. Need to know a good way so that I can leverage low interest rates from US.

sriradh · Post by **sriradh** » Fri Mar 04, 2011 10:56 pm

If you have fully paid car(s), you can pledge/(get loan for repair etc) and get loans for very low interest rates. I did research for the exact same reason and personal loans was too costlier for me and I took this option..

xenos14 · Post by **xenos14** » Tue Mar 08, 2011 12:08 am

Thanks shriradh! but the problem is that I need a loan more that 60k, which definitely no one will give on my car.

Lakshya · Post by **Lakshya** » Tue Mar 08, 2011 2:27 am

Try CC Loan.- With good credit score you can get something for 12 month 0% then you keep rolling your bal to different CC and keep your loan bal floating from one cc to another cc. Discipline is required otherwise you will take big hit if you miss one pmt or not return money on last bill (12th month)