As one VP told me they want to be able to drop by and see the investor if there is an issue versus being out of the country and there is a disconnect to resolve things immediately.Some local banks will offer a "foreign national" program but want as much as 40 to 50% down which after your foreign currency exchange kills cash on cash returns.

It appeasers we may be heading into a world currency devaluation with the result being the dollar strengthening.

i'm not a currency trader, but if you've been to downtown baghdad recently, you might not think it was a good idea.

unfortunately you have to pay a % to exchange your money (my guess is 3-5%) and not sure if there may be fees on top of that at the bank. so if you are dealing in two currencies be aware of that. it goes two ways. ie if you buy something on a credit card and refund if you are charged twice for the exchange.

And finally can you answer this...With the US Dollars value at such a low point compared to foreign currency, why would I buy now?

i have been working with realestate groups while the market has been down and getting them involved in the currency markets.

It will allow You to get the knowledge/currency that You need to up Your score the proper way, and learn about such things as "goodwill letters" , proper ways to dispute, and other powerful tools.

With the current currency crisis in Argentina I wonder if anyone had purchased real estate there before or knows any contacts there?

Health is Wealth and time is the most powerful currency you are trying to get from some pretty exceptional people.

Chinese now have some foreign currency issues to deal with but I can tell you that the demand is huge, so once the capital controls are released the funds will flow back into California.