Taxes and the legal system also matters.In some countries obtaining finance if an issue.Right now I do not have an interest in more countries as I have enough deals to work with the present set of countries.Thanks for the offer.

A friend reminded me that he was presented with a similar opportunity in 2007. 

It is a 3 day sales presentation.

Prices could easily come down significantly over the next few years and take a decade or more after that to return to present values, adjusted for inflation.

Being a landlord in a tough neighborhood presents challenges, however if the property is a moneymaker it is worth consideration.

The formula is presented two different ways and the result will not be the same for the reasons you cited.Think of it this way.

You need to bring the contract to the listing agent and they will present it to the bank.

But at the same time a realtor knows the market and if you present something way way way too low they usually will not give it decent consideration.

Mortgage Brokers, Banks, Loan Officers etc... pride themselves in presenting these products as “Second Chance Financing”.

Well, this brings us to the present date..