Also, I looked at the expected equity plus cash-out amount after 5 years, assuming 3% annual appreciation: Sell after 5 years First mortgage balance   HELOC balance   Cash   Value Equity     Total (Equity + Cash) End at Year 5 (6.75%) $175,538   $82,034   $88,500    $42,8931  $171,359     $259,859 One percent higher (7.75%) $175,538   $83,296   $88,500   $42,8931  $170,097     $258,597 Two percent higher $175,538   $84,077   $88,500   $42,8931  $169,316     $257,816 At 10% $175,538   $84,913   $88,500   $42,8931  $168,480     $256,980 At 18% $175,538   $87,679   $88,500   $42,8931   $165,714     $254,214                                                                                                                                                                                                                                                     For refinance:  First mortgage balance     Cash     Value     Equity       Total (Equity + Cash)  $269,827   $100,280.00      $428,931  $159,104.00        $259,384.00 I assumed a 5 year hold since that seemed likely, based on the fact most Americans don't own their homes for longer than this.

If that's you, great, but consider this: the average American moves every 7 years, and home buying calculators usually tell me its cheaper to rent...

Based on my initial research, investing in Mexican real estate for foreigners is pretty easy, especially Americans.

I have never used him myself before but I know he owns a few units.There are also a few people from our Truro Real Estate Meetup who have expressed interest in managing other people's units such as @Jacob G. 

Took something like an express couse in real estate investing, but still want to learn more about it so I can get maximum financial freedom for me and my kids.

One step my spouse and I have taken is to find some meetups in our area for the express purpose of talking with others who have BTDT.

Cherish the relationship, express yourself how serious you are in terms of real estate investment, build trust over time, it will definitely be paid off eventually.

Even American Homes 4 Rent is building an entire neighborhood of 4/2 homes a mile from my house that will be all for-rent (single parcel and management, like an apartment complex of single family homes)However, your point of not finding fixer uppers easily is also true.  

Hi everyone, new here. 27 years old living and working in Tokyo. I will live here for at least ten years and am looking to buy something here so that my rent payments will be paying off the purchase of my place. Any a...

I am an American/former Californian living cheaply in Thailand.