Even as a Foregin National you can still take out up to 75% Cash out depending on your citizenship. 

If you said the property was valued at $200k, then 2nd position may still bid in an attempt to run up the numbers depending on what kind of haircut they're looking at. 

Depends on what you have to pay for your money, may not be worth it.

Selling would likely mean taking on new loans at much higher rates, reducing your cash flow margin unless the new properties are stellar performers.Transaction Costs and Taxes: Selling could trigger capital gains taxes (depending on exemptions) and other selling costs, eating into your net proceeds.

It will take time to build a dependable and reliable network of licensed professionals you can trust.

How to go about this depends on which state you're in.

At least when I attempted it, I discovered I could get a mortgage as a non-spanish resident usually minimum 30% down, although it depends for each bank. 

The 4 guests smoked marijuana in the house (strong smell), broke a window blind and a picture, put a hole in the bathroom wall, chipped an end table and worst of all vomited on the couch and front porch.

Hi Kana - I think it depends on your budget of course.

Quote from @Treza Edwards: I would be looking at this as a market-dependent change.