The lenders will either pull an international credit report or use letters from banks in France that you have a relationship with.

They had to have a really excellent shell game going to convince you that a $700 a month rent payment would cover that mort. or did they play on your greed when they gave you 36K cash back?

Most major cities have excellent cashflow about an hour outside city limits.Tim

Look forward to working with you and building that Business Relationship here in the near future.

Someone on this thread made an excellent point...

i guess the way i view land trust's is that it is an excellent benefit for person who wants to purchase, but can't right now in the traditional way.they get to work on strengthening their credit, plus they get the write offs. it would seem to make the chances better that they will perform with the eventual outright purchase, versus a straight lease option.i haven't done one yet, but i just closed on a deal where i am going to set one up. so, until i've actually set one up and than closed on the sale, i won't know for sure. jim

certainly buying a property to live in and then moving from place to place is a solid way to build your real estate portfolio, but it takes time and discipline...if you're in a relationship with someone - that person has to be on board with what you're doing.i just recently met a couple, looking at homes in the 900k to 1.3million range.

The homes (single family residence, townhouse, condos etc…) selected for this program are in good to excellent condition, in nice neighborhoods and usually do not require rehab.Qualify Credit Partner.

Excellent advice over there.all cash

The long-term outlook is excellent but we are going to have a rough market here until all of the supply gets absorbed.