I received wrong information from people in the Portugal RE industry before so I'm not super confident the person I talked to is correct I'm just trying to get more data points.In case it's useful for others these are some other bits of info I've learnedRefinancing is possible but it is more expensive than conventional (usually the spread is 1-2% higher) and it is necessary to explain to the bank what will be done with the money.It is not necessary to wait to own the property for a certain time to obtain mortgage credit.

You could give them a final notice, a written warning that you are done accepting late payments.

The owner of that parcel paid off just before the foreclosure was finalized and again, the owner had to pay all my attorney fees along with the principle and interest.

- **Market Analysis**: Gather data on the local market, including comparable sales, average days on the market, and trends.

Nothing is 100% accurate, so you will have to review the data to ensure you are not wasting $ on dead ends (property just sold/on MLS, recently rented, etc).

Here’s what I’m planning to include in my buyer’s agreements for transparency:"As your buyer’s agent, my commission rate is set at 2.5% of the final purchase price.

That said, we do monitor the managers, who have final say in all house decisions (for free rent, remember?).

hey guys, quick update we finally got our four-plex and we are super excited.

- and finally once you do this, realize it will never even be close to how it actually plays out in real life, but it can serve as a guide for what sort of money you may need to save up to try and actually accomplish something like this.

After years of educating myself on real estate, I'm eager to finally jump in and do a small deal out of state.