So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

Our firm is planning on starting a Portal (legal term) next year on our roadmap because with $5M as the new threshold this really can move the needle for certain projects and sponsors.  

So I’m trying to come up with a game plan  Conventional loans do require 25% down on an investment property.

The planning process can take a very long time!

@Jerry Zigounakisi'd pick a market close to you, or one you have strong ties in, rather than trying to get to one via math.can you invest where you live, or 1-2 hours from where you live, or where you like to vacation, or where you went to college, or where you plan to move someday?

The BRRRR strategy can be an effective way to build a real estate portfolio, but it’s important to go in with a clear plan.

Whether your plan is to generate rental income for part of the year or to create unforgettable memories during your personal stays, Mexico provides an attractive combination of high returns and diverse options to perfectly match your lifestyle and investment goals.Hope this information helps anyone in this group who is considering expanding their investment portfolio into international markets.To our success!

@Roman Balmakov If you are planning on holding the property long term and have enough reserves to cover even worst case scenarios it could still be worth it. 

I've never taken one and don't plan to, but good to hear from someone that went through it.

You'll find that your best talent is already working at another lender or is planning to transition to the broker side.