I am from Singapore who is interested in real estate.

After reading some books (Poor day rich dad, The millionaire real estate investor, Long distance investing by David Greene), and listening to tons of BP podcasts, I'm ready to get started.

It puts dollar-rich domestic manufacturers into competition with comparatively dollar-poor foreign manufacturers. 

This is an ongoing mission and is not going to happen overnight (then again, no one should invest in real estate as a way to "get rich quick"). 

I’m home equity rich?

they don't need money, they are rich in equity, they have been thru the miseries of learning, investing, failing and succeeding from their street wise experience over many years.Most "players" are not so ready to give up what it took them years of hard knocks, failures and answering to their spouses to learn this wonderful business to share?

Depending on the loan size, 1% may be rich, but probably not.

If it's a primary, you need to first get prequalified by a lender and then get your hands on a down payment (ie 3.5% down) and closing costs or call a rich uncle if you have one!   

If you haven't already read rich dad poor dad.Real estate investing can take a while to get established and create wealth but long term can be an excellent investment.

I actually read Rich Dad Poor Dad while living in Taiwan maybe 15 years ago and got really excited but had a small family and was planning to move back to the states so put it on hold, and got too busy with the day to day grind.