Wishing - betting death on your tenants?

You'll then see that delinquency rates are:- At their lowest point since 2006- Historically on the low side of normal - On an overall downward trend for the past 4 yearsIn fact, excluding the artificially propped-up mortgage market of 2004-2006 during which delinquency rates were slightly lower than they are today, bottoming out at 1.41% in 2005, there are fewer mortgage delinquencies today than at any time in the past 33 years.By the way, when these scant 1.73% of homeowners become delinquent on their mortgages, they overwhelmingly have the equity to be able to sell the home at a gain if needed.

To me its a non-recourse DSCR loan that they can stop paying at anytime.

Also, that idea might have been inspired by the recent jump in American purchases but we know that that was temporary in order to take advantage of the Golden Visa before it is phased out.I doubt even more that anything like this will make its way to Portugal anytime soon.

Sorry you must not be ready for the bigtime or anytime. 

Feel free to reach out anytime!

This is a humongous audience to tap into so you have to take advantage of it sooner rather than later to find great real estate deals and motivated sellers.Your best bet to connect with people quickly is to run Facebook ads and promoted posts.

I'll add that every successful real estate investor i know personally has a w2 job and none intend to get rid of it anytime soon.

If you have deep pockets, I think Austin will eventually reward you, but if you are a newbie in real estate looking to cash flow positive day one or shortly thereafter, Austin is probably not your best bet in TEXAS.  

In both my seller financed deals the primary bank I was betting on backed out.