Hi nocholas,
I have purchased property this year in the US without having to deal with banks and sky-high rates. The area I've bought into is also very stable economically with a growing jobs market and rising population. By purchasing via an owner-finance arrangment you still get to use leverage, which is an essential tool for an investor, without having to put in 25%+ deposit & mortgage costs. I get deals that are cashflow positive and equity built in every week. PM me if you'd like more info.
rgds,
RebelYell
|