I agree, but ultimately the best investors(not necessarily the good ones)[/i] are the best psychologists, they study human nature and social interactions and after they are done looking at your shoes......they'll look in your eyes and either feel confidence or trepidation......they can basically smell fear and treachery.....So, if you are going to present a deal to and investor...whether is a private, institutional, etc.......make sure you ask yourself the ultimate question...."

However, even if we use your numbers, this is a very poor deal.Gross Operating Income $1,519,291 $1,559,291 Less Expenses $518,179 $472,297 Net Operating Income $1,001,112 $1,086,994 Debt: ($9,975,000, 20 year, 7.5%) $964,296Cash Flow: $3,086 per month ($36, 816 per year) or $14.82 per unit per month.If anything is not as you hope or anything changes (like your debt adjusting), this could easily lose a lot of money.Using more realistic operating expenses, this deal is even uglier:Here's how I would evaluate this deal:Gross Operating Income $126, 608 per monthOperating Expenses: $63,304 per monthNOI: $63,304Debt: $80,358Monthly LOSS: $17,054I would suggest contacting the National Apartment Association or another apartment/landlord association and researching the operating expenses issues.

They may know of other independent clubs that aren't affiliated with the National REIA umbrella organization.

We have a bid to buy 3 banking institutions right now as well.

The current rates are around 6-7% from conventional lending institutions.

Hello Ben,I had not forgotten you :) but I was referring to institutional lenders.

NOTHING.When a lender is discounting a note (meaning they are losing money), they do not want the homeowner to profit from the transaction.Here is where it can get dangerous.....Last year, a national "guru" on short sales did a boot camp in Dallas.

Theoretically with the combined ground/neutral panel system in the US, you would have the same risk of being shocked through the ground if you lost your neutral at the panel.Funny thing is that it stated that up until 1996 the National Electric Code didn't separate the ground and neutral on many appliances.

Even if the country has a well developed finance market for housing do you qualify as a foreign national?

So any advise, links, etc.... would be of great help to me.Hello there Louise-Your best bet would be to go to every banking institutional web-site and fill out their broker package!