Posted by Richard on January 23, 2002 at 17:45:23:
Hi AJ and Graywolf thank you for your usefule reply:
I know that the interestrate from the fed may be lower in the US. But here in Europe, you get mortgage intersrates for as low as 5 % here. And if you manage to hedge the currency risk it you could be about the same rate you pay in the staates.
But the main point would be, that you could
use your established credit rating in Europe to finance the deals in the united staates.
But do you know where to find physically people who could be possible partners ?
First I thought about visiting a meeting in one of the listed real estate clubs . But I heard, that there are only not very sophisticated investors attending.
(nothing against learning, dont missunderstand)
Do you have any club or convention you would recommend.
(I am very mobil and not limited by the distance)
Hope to hear from AJ and Greywolf
Thank you and greeting from Vienna