I typically rehab and flip lower end ($50K-$70K) houses, several of my buyers speak almost no english (heck that's why "google" has free translations) but always pay on time and those houses pay like the devil!

There are small additional fees for translation services, foreign corporation registration and similar items, but nothing that I think you would call extravagant.

It was prime plus 1.99% which translates these days into 10.25.

DGK, Can you please translate.

His willingness to drive an hour and spend a couple hours giving me estimates has translated into tens of thousands of dollars for him.Win/win all around...

Now translate that to real estate.

Just understand that a borrower behind does not automatically translate into a smooth short sale process leading to a bargain.John CoreyOriginally posted by "sachin_emma":Hi this is the first time i am buying a house i like the house and before i could place a offer on house, i found out house is going through preforeclosure.House was listed at $159500.

Emma,:welcome: to BP.Good to have another person from the UK.A little translating might be required.By broker I assume you mean what the UK calls an estate agent.

Just a word of caution - in Real Estate Investing, sometimes perceived "mentorship" can translate into 'high energy motivated less experienced person gets taken advantage of."

It's impossible to know what interest rates will do in the future, of course, and if they go down it can translate into a big profit for you. 4.