Foreigners can get the same loans as Americans - just expect larger downpayment requirements and slightly higher interest rate.

We had a buyer mold inspection last week and their was no more mold found than is reasonably expected in a moist climate.As long as you budget for addressing the "cause" and not just the symptom you'll be fine.Alternatively, you could just market the property to microbiologists as a test lab facility.. maybe not.TTFN,Greg

If your current equity and cash position is not there to make the downpayment on a big deal - how do you intend to make the expected and unexpected payments that come along with owning a big deal?

If you over deliver you should expect a referral and a testimonial.

I shall also avow to disassociate myself from those negative boards and not allow them to take me down.I now see why the folks here are busy and I cannot expect country deameanor from city folks as well and nothing wrong with that.

I understand what a "regular" option is, like a lease-option for example, in which I would be required to put down a substantial sum, like thousands of dollars, and that that money is non-refundable, and that I would also be expecting the house to appreciate in value as I bought it for close to market value.

If so would there be any out of pocket expense that I can expect?

Obviously people arent going to flock to the house but (I know there are alot of questions and answers here, but im just looking for general information, im in the process of getting a bunch of literature to read) what can I expect to pay (assuming I get a 100% loan) out of pocket to get the rental property started?

The unexpected, Always expect it.

I expect to learn a lot and look forward to further investments.This site has some great content and exceptional posts to assist newbies.Thanks.