My goal is to use bitcoin as DOWNPAYMENT which I have not found a bank to do that.To answer your second question bitcoin is the first currency that does not require a central authority to keep everyone’s balance and insure funds are not double spent.

Interest only loans allows them to get a goal profit of $500-$600 per month per property.3) Each acquisition would require 20-25% down at an 80-100K purchase price. 4) Closing costs, and the Eric Spofford turn-key transaction fee of 10K would be in addition to the down payment and were not included for the purposes of calculating the cash-on-cash return.

Over the past eight years, I have collaborated with hundreds of out-of-state investors, helping them find cash-flowing properties aligned with their financial goals. 

I see so many investors in deals that go wonky and all they worry about is there interest payments when goal number one should be just return of capital to fight another day..

Unfortunately, this is the end result in many instances when purchasing in lower barrier markets whether through a turn key provider or on your own  and the question of who will buy this property when you choose to sell is rarely given the time it deserves. 

I choose Italy because I have a few advantages there.

He gives realistic no fluff advice for those starting out and of course that's a huge part of BP audience not the guru's or the guys at are at the top already or say they are.. but real advice on how to work in a local market and do the things it takes to get there and how long it generally will take a person if they are dedicated extremely focused on the goal as Steve and his family were. 

All land courses are the same in essence;What is your end goal is the only thing that is different?

Anyone thinking they should also get interest is just really fooling themselves at this point to get capital back would be the goal at least it would be for me.

You are choosing to lose money.