My wife had this happen where she was a student and also from china so she didn't have much assets in the states.

Just a few other facts:When you go to China you will notice that most often there is no 4th floor in the building.

We meet on the 4th Tuesdays of each month (next week) at the China Buffet on Arlington st in Salisbury.There is no charge to attend.

I heard he started to pull out some from China.

Remember that even though we've been beaten up a bit lately with all of the talk about being passed up by China sooner or later and whatever other anti-US sentiment there is out there, the USA is still BY FAR the #1 place that people around the world would like to be and is also considered the safest place to invest in things.

I might also buy a bunch of crap from China by the shipping container that I know I would probably use in my rentals or restaurant or could sell to business owners and store it in a large garage that I would build.

I don't know the costs, but at the end of that project, they had to have spent over 1.5 million to end up with a house worth around 800k.So to help answer your question, I suggest looking at Japan's economy as well as China's as well as the US's RE market to see what part of the cycle you are in.

A Realtor/Escrow Agent/State RE School instructor, that guy has an incredible ego.They also left out the appraisal requirements at the seller's expense as Curt mentioned..I suppose every time some RE type mentions this stuff people need to look at their expertise in finance compliance and law, then look to the agenda of that party giving that source of information.Why don't people find out that auto sales and financing is much easier than RE or brokering T-shirts from China to stores can be very profitable with very little cash?

China India Japan  Highly educated and driven folks that came to live and work in the field.

As in many foreign countries like India, Africa, China that are investing in USA there is often a small middle class in there home countries and a small set of 1%'ers in the upper class that CONTROL to much for there own greed.