I don't mind scepticism as long as the feedback is constructive and supportive.Below are some things for you to be aware of...Paraguay's credit rating was just raised from BB to BB+ citing a stable economy and the region's highest growth expectations.

They have straightforward eviction processes, no limits on how high rent can go, and not many rules on money kept for damage or how long someone can rent.

However, if it needs that much work you are probably better off going with a hard money loan and then doing a rate & term refi once rehabbed.

Mainly because I can craft the mortgage a little more (no pre-payment penalties, lower down payment, etc.) and eliminate the fees charged by lenders and brokers.One of the benefits of purchasing a listed property is that the broker will normally set the seller's expectations a bit more than you just contacting them off the street.It comes down to what the seller really wants: a certain price, interest, down payment, or term.

I can still remember the moment we got the term sheet for our first deal and happily signed it, thinking that was the end of the talks.

Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.

You'll get better loan terms and lower interest if you owner occupy. 

You WILL get several bad apples.a few short term rentals (2 or 3) may be doable, but you still would be trying to find good tenants fast, which is difficult.

Thats a long time, and just goes to show that the GFC was a big deal (a BFD!).

How long do you typically have to run the ozone machine?