(I'm pretty sure this isn't true because I've met people in the building who rent, but maybe they are doing it illegally?)

He had put alot of repair money and other stuff on a credit card hoping to sell the property.

With current market prices for Hotel Accomodation, assuming they paid cash for their units, rental ROI's could go as high 16%-18% per Annum and better yet, as most hotel clients pay their bills using major US Credit Cards, the overseas investors are going to receive their rentals in US Dollars avoiding any concerns over fluctuating exchange rates !

It's true that double-digit appreciation won't be back for a while.

Can I buy while I'm in school and getting loans or would I be better off paying off $5000.00 worth of my student loan and credit card debt?

Don't get it if you are the type of person that racks up credit card debt.- (If possible in your market) Try to buy a building where your total rents will be more than 133% of the PITI payments for the mortgage.

By partnering directly with developers we are able to offer properties to investors with little or no out of pocket expense and give you enough cash back after closing to carry a property for up to 5 years without ever costing you a penny… Sounds to good to be true but it isn’t… Here’s why.

The same is true for tax losses.

be careful and play your cards rightthankssunsmicro

Is it true that you have to pay brokerages monthly fees like these plus the the commission earned upon sale of the properties?