True again, but what if interest rates stay volatile for longer than expected, and the market stays locked up longer.Meanwhile the property is bleeding 6 figures monthly, and the added capital will only go so far, unless there is a major change in the interest rates soon, and that doesn't seem likely.That's your answer right there Solomon, the answer to exactly those questions will tell you to walk or dig in deeper. 

Appreciate responses. 

The main challenge is that the properties have often appreciated significantly and in order to assume the loan borrowers will need to come up with the difference between the sales price and existing mortgage balance at closing.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.

Real estate can appreciate overseas but you could still lose money based on currency exchange rates and strength.

My other only hope is long-term appreciation.

If you don't plan to ever househack this duplex, I would let NOI, cap rate, expected appreciation, and projected IRR drive the valuation.

Our goals are more long-term (buy and hold) and lean more toward appreciating markets, but are not opposed to more CF markets, if it's the right deal.

Then do cash out refis on the new properties you buy in about 4 or 5 years when they appreciate to scale up.

I really appreciate the feedback @denism.