Yeah, returns are only mediocre when looking at real estate as an investment with out the power of leverage and taxes.

I only say this because as you explore this sites resources you'll come across conversations about people having problems with some wholesalers and will probably hear about it in the REI community in your area.

There are no photos of the interior online; I recently requested an agent to start the conversation and get those photos.

Yes I have worked with foreign nationals.The problem is often currency conversion, extra with holding of taxes, financing programs they do not find appealing etc.Mid deal it falls apart.

Unless you are at the very tippy top of their purchasing power in terms of DTI, that will not be an issue.$100k contract price, 90% LTV loan.Oh noes, appraisal comes in at $97k.95% of $97k is $92.15k.

Last summer I worked at a real estate law firm and my interest has skyrocketed as I saw the power that real estate has.

I hope to comment soon on other posts, but still trying to find where I can add value to conversations.)

Unless you live in an area where a garage is a must, living space will always get you more money than garage space.So, unless the conversion is absolutely horrible, I would keep it.

I could have kept my single and rented it out, this would have made me eligible to purchase just not with the same power as if I sold.

Before I found this out though I gathered from our phone conversation that this was a gentleman and his wife that are retired and no longer are living in this house and I believe they are free and clear from the mortgage, although I will find this out tomorrow.