In my view, not allowing for some upside or equity in any financial transaction is amateur and recipe for disaster, one should allways have at list 2 exit strategies while offloading under preforming asset should be one of them.Saying that i purchased a Credit Agricole bond in 2009 for 100k. 3 years after it was worth 45k (its European french bank bond)  I sold it 2 weeks ago and got about 94k back which im using as deposit to buy in the USA. 

From what I've seen, the non-american and non-European imported workforce lives very 3rd world and is happy with that, vs renting apartments.Perhaps things have changed since I last looked, but if these are your intended renters make sure Apartments are popular with them.Good Luck!

Thanks so much for your ideas and suggestions.PS: I am particular interested in the European market.

As for wholesaling, I do not know how it works in Ghana, but I would definitely seek advice from a real estate attorney as laws in many African countries can be more complicated (fewer legal assurances) than in American or European countries.

What borrowers say……..And What they really mean I’m not going to pay any upfront fees………….I won’t pay for an appraisal, title report, survey, accountant to prepare financials or anything else required to have even an outside chance of getting a loanI’m going to give you a shot at this loan………..because no other lender is even remotely interested in financing this propertyMy previous lender totally screwed me………..by expecting me to make the monthly payments and comply with the other contractural obligations I promised to doI keep an attorney on retainer…………..he’s the public defender that was assigned to me for my DWI I anticipate the property will be at full occupancy early next year……………the property vacancy rate is currently 70%The principal tenant has indicated he wants to renew when his lease is up next year…………he’s already given his move out noticeThe location is like a major European city…………Berlin 1945I only do non recourse loans………….I plan to cash out and disappearThe financials on the property show a tax loss………..the property hasn’t had positive cash flow since the last year of the Bush PresidencyMy credit score is okay………..480

Polish/Ukrainian/East European enclave entirely surrounded by Detroit.)  

Try walking Valencia on a weekend; its a cornucopia of European languages.

But, I pleased to say that we are much more landlord / investor friendly than all other European countries (IMHO) :lol:

Most Europeans who travel the US a bit are shocked by our trailerpark reality.The problem is that the execution of the stimulus problem was very poor. 

This Toronto diary by a newly arrived European is a really fun and illuminating read, and has a lot to do with real estate as well: http://www.canadavisa.com/canada-immigration-discussion-board/-t53118.0.html