With the current currency crisis in Argentina I wonder if anyone had purchased real estate there before or knows any contacts there?

i worked at that publix across diplomat mall too. was a bag boy 20 yrs ago.

@Jay Hinrichs ...Basically, this is the only company(FNAC)...some information out there, but wanted to know if an BP experience...Local investors believe note buying ended with mortgage crisis...I believe it's viable, but need to make connection with real players.....

They are listed for less but require a lot of repairs and also have multiple offers.Should I just stop looking and wait for the next recession/crisis/whatever for the sellers to become more motivated?

My wife volunteers at a women's crisis center that deals with sexual violence.

Investors can buy in for the price of a single-family home or a single share of stock.But the plunge in U.S. home prices in the financial crisis should be a fresh reminder that bets on housing can sour in a hurry.The latest deals often don't depend on home values going up, which sets them apart from the house-flipping strategies that cost many home buyers dearly when the market collapsed.

Prices may have gone down during the financial crisis, but the market was still hot and competitive.

I don't know of any residential lenders that will do a seller carry back after the financial crisis.  

But, right now we are going through some financial crisis.

Crisis averted :).