However, I can actually buy houses and get it done fast, which is what I need at this stage of the game. 

I find too many people struggle to come up with a name, just pick it and continue to focus on what makes you money.

I have someone who has a house they would like to sell but unfortunately they dont have the money to make the fixes needed to get premium for it.

Obviously, this is not a financing specifically for the overseas property and the borrower could use the money to do anything they want.If you want to use leverage in Mexico, the alternatives to local bank financing are developer financing for pre-construction properties (which is rarely given if you don't have the necessary personal relationships) or seller financing.

First, you are paying interest on the existing mortgage, then you will cash out the equity and start paying interest on that money.

It seems to me that the statistics are skewed since if the entire Myrtle Beach Metro are were to be taken into account the crime rate would actually be way below national average.

I've used hard money for larger flips, but for stuff that makes sense for a buy and hold.

I don't have much for down payment, and I'm hearing that you don't need money to start.

Actual example: I almost bought a property on the north side for 400k.

You have to now include the extra time spent communicating issues, invoices, etc..with the property owner.Whether you do it or not is not a right or wrong matter, but you need to understand why you are doing it and if the extra cash will be worth your time.We have always turned down the requests to manage other people's properties, because I feel like the amount of money I would receive from managing someone else property would not be worth the time to me.