Donna,
I stand by my post. Maybe you should read it again. I don’t say anything about foreigners not being successful in the U.S….or their knowledge of investing in the country.
You telling me to “feel the real market” is laughable. I did feel the real market when I handled a listing for my client at The Grande late last year. The sellers were lucky to get out of it with any profit at all after buying it in pre-construction 2 years earlier.
As I said..Have fun with your “investment” downtown…and I seriously doubt you have $75K in instant equity on a property bought last year. But…have fun with that cash you’re taking out…Also, enjoy the negative cashflow.