Quote from @Erik Estrada: I think this defeats the purpose of using REAL LIFE experience and recommendations, as this forum was intended for.

@Andrew SteffensNo lender is going to take a mortgage on an overseas property because they don’t have the infrastructure (nor the willingness) to try to repossess the property in case of default and even the largest international banks won’t do it.You might hear that somebody in the US got a loan in the US to buy a property overseas but that could be because they gave a US property as collateral or any other collateral or it’s a company that has a strong balance sheet and took an unsecured loan but that would likely defeat the propose of the original poster.If you know of any lender who takes an overseas mortgage as sole security for the loan, let me know as I’d be very interested but  I’ve worked in the banking industry across the work for many years so I know that, if ever there was any, it’d be more the exception rather than the rule. 

Or simply accept defeat and terminate the next deal (though, I really don't want to do this).

It almost defeats the purpose of listing slightly below market.

Spending $50K over budget upfront could break the BRRRR math.If leaving $50K in the deal significantly reduces your cash-out refi or increases your payback period, that defeats the BRRRR strategy.

Spoiler - it doesn't always work that wayHere's what Ive learned (the hard way) that I wish someone would have told me sooner - especially if your in the trenches right now or if you're feeling defeated.

The hardest part for me (not saying that it is the case for you bc I have no real detail) was admitting defeat.

Getting the noose off the sellers neck without forcing him out and basically admitting financial and personal defeat is a lot more refined.

Some people say don’t Record because of the Due On Sale clause, or to use a Land Trust to defeat the DOS which is bad information.

Some people say don’t Record because of the Due On Sale clause, or to use a Land Trust to defeat the DOS which is bad information.