I have posted else where that a major market crash could happen anytime if there is a currency crisis.

I have paired buy-sell house business (flipping) with buying long-term rentals.

Is anybody in the general Philadelphia area looking for extra pair of hands on a rehab project/mentoring?

I have a pair of friends who might be as well.

The house was purchased in 1984 for 75K, which means that on a 30 year loan, 7.5%, 100% loan, they would owe at the most 26K now.Or, they could have refied and currencly owe $90,000!!!

I'm more curious what would happen to real estate investors, in particular, when the dollar collapses.So that I can understand, can anyone tell me what would happen to my hypothetical syndication deal situation:Six multi-family apartments: 800 total unitsCombined purchase price of $30M80% of it have been provided by Fannie Mae or other loans.All in emerging markets.Cashflow after taxes:$976,564I have 0 of my money in any of them, because I syndicated the deal and own only 25% of cashflow and and appreciation for each of the properties.1) When the US dollar collapses and a new currency becomes the world standard, what happens to these properties and the owners?

Not only is sales price a limiting factor in this area but if you pair it with the average rent to price ratio being less than to 0.5% it is easy to see why a lot of folks from markets similar to Seattle & San Francisco are forced to look in other markets to get started in REI.

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Congrats on the purchase Cory.My fiance and I bought our first home in September of 2012 and then managed to purchased our first rentals (a pair of duplexes) 11 months later in August of 2013.

@Cal EwingIf you are trying to grow the U.S.A. side of your business, you will most probably want to retain earnings in-country and not be forced to repatriate them back to Canada - the currency exchange back and forth would only line the pockets of the FX folks and the additional taxable events will only make the IRS and CRA happy.To do this requires some form of entity in the U.S.A. and will necessitate filing taxes there.