If its east coast like new York PA New jersey.. the chances of loss ARE GREAT.. because the time it takes to get your collateral back.. this is, as I posted on your other thread one of the things I have seen going on in CF space just making loans all over the country with no clue or thought to the default scenarios and the time it takes to corral your collateral.. by the time you do a 1 to 3 year judicial foreclosure in these states your collateral could be totally trashed.. stick to deed of trust states with quick foreclosure times.

We have an assignable contract for a purchase and an interested party in a foreign country.

The good news is we have a top 10 rental market in the country and they are expected to rise consistently.

NC has one of the toughest exams in the country.

Gold country baby!

Maybe it has a database of rules and regulations from EVERY county in the country.

Now we are looking for the right country and area to keep investing in high cash flow properties.

Trying to hone in on one area in the country that has good cash-on-cash value + solid economic engines + good neighborhoods (for lower headaches, obviously).

Is there any recourse if they damage my property and leave the country?

My attorney said I can spend the money to get it to code then try to sue the sellers to get my money back.I am not attracted to the suing option so I am trying to contact the sellers but they live out of the country.