Here are some idea: if the person that wants to invest can pull equity out of their home and use that, might be able to get a loan in that country with a sizable down payment.

More important than the down payment is that the property might not even be worth the principal balance on the loan.  

Hi Christine, I'm assuming they're behind on payments and that's why the owner is calling in the note?

By obtaining a lower interest rate, your monthly mortgage payment should decrease.

Both scenarios for comparison sake, would be about 100k out of pocket, for either the 4 down payments or the 1 down payment on the house.

It does not require lawyers and is a common remedy for chasing tenant debt.If they are responsible individuals a small claims charge on there records will prevent them from getting loans, buying anything on credit or time payments etc.

Lots of new good paying jobs have moved to the area, and they are experiencing double digit real estate growth year over year.  

My only "plan" was to continue to buy homes once I could save enough for down payment/closing costs and lease them out hoping to cover the mortgage and still make a little monthly income ($150 - $250 minimum). 

That's ~50K a year.Now if i get a loan on 750K @ 4% - thats just the payment of $3521*12 = 42K a year.Add 15K of taxes - 57K.In fact - there's no return at all in this example.Am I doing this about right? 

An owner called me who is 6 months behind on payments and looking at foreclosure.The home would be worth about $130,000 after about $20-25k in fix up.