And it wasn't even that difficult for them.All of these things have convinced me of several things:1.

Good question :-)I guess my main concern would be that the lending environment right now is making it really difficult to do deals unless you have a lot of available capital.

In 2004 I paid $36K @ 6.125%Principle Balance is about $34KRepairs cost me about $3KMy Mortgage Payment is about $345HOA is $110Home Warranty is $40Annual Insurance is $440It is rented out for $525 at the moment.

It is really difficult to spend time in researching property overseas, but if someone found the property exhibition in a desired region would help them a lot in relation to meet the developers and real estate agents, and get first hand knowledge of about their properties and locations.

You saying things like that makes it very difficult for someone like me to take you seriously and would put someone reading your post under the impression that was the jest of my response.

Another problem, is that when you max out your credit cards your FICO score drops like a stone, making it very difficult to get approved for a cash-out refi.

The vastness of city limits including rom, utica, oneida, and others have a variety of markets that seem to overlap each other and makes it difficult with most of these cities, especially rome to make a definite market analysis.

As a hands-on and pragmatic kind of person, this is difficult for me to deal with.

Because of the terminology used here, your personal residence can be an "investment", but it certainly is not an asset, at least not on your balance sheet.If the question was presented as asset or liability, then the answer is 100% a liability, even if it was held free and clear of a mortgage.

Most involve little "fibs" on their balance sheet.