Hey guys im looking at real estate in South America ,for the price of a studio here in the U.S there you can get a 3br +1000sqf house in nice area of town ready to move in, been pondering on getting a personal loan here in the U.S to invest in a house in SA, what banks are best for this type of loan, i would like a low interest and monthly payments.

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:) Hi Drew, nice to see you here!

Unfortunately many landlords take the first group they find in these situations and come from the ideology that all college students are slobs so no sense offering anything nice. 

I hope you are having a nice and relaxing weekend!

It is just nice peace of mind that you don't always have to be available if their is an urgent maintenance issue.

Looking to cash flow on low entry homes in some pretty nice neighborhoods close to where I grew up.

It would certainly be a nice thing to do.

Everything is nicely organized and labeled.

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

We've averaged around 7% for mortgage rates for the past two years now…I think if we can see a settling somewhere in the 6% range, if not sub 6%, we will see nice consumer confidence not only for home values, but rent values as well.