Buying property in other countries to build equity.

[Davere Currie]

Im 25 years old and I live in nyc where real estate is extremely expensive. Eventually I want to own residential real estate in nyc once I have the capital. But right now I want to invest between 10-20k to get my feet wet. I have a mentor who is currently developing properties in Dominican Republic. He told me if I want to start investing in real estate now with 10k-20k buying properties in DR would be a good first step. I could air bnb, or rent it out for profit and still eventually sale.

Any feedback on this process anyone could give me I’m open ears. Is this a good idea ? Would it help me gain enough money in a faster time for the ny real estate markets ?