Would you invest in another country?

[Silvio DoCarmo]

Hi all,

Just curious for some comments. I want to buy my first rental condo/house but I only have $50K now, so I would have to get a mortgage. I know a lot of people like to invest as little as possible but I want to have quite a bit of equity to minimize my monthly costs. What would you guys do in this example:

(A) You have $50K only. You can buy a place in the US for around $125K, so you would have get a mortgage for $75K. Property taxes around $1,500 a year. HOA (if condo) at least $3,600/year. Cash-flow: probably $200 per month.

OR

(B) You could buy a place in this other country, similar condo/house, for a TOTAL price of $50K! No mortgage. Property Taxes $300 for the YEAR. HOA (if condo) $1,200 for the YEAR. Cash-flow: $200 to $300 per month. This is, of course, possible due to the dollar exchange rate. (this also has its own risk.

Would you choose A or B? And why? 

Thank you, I appreciate your feedback!