So i live in Norway and i am going to start investing on property once i get a proper job After my calculations i can make 21.000$ a year on a property after paying taxes,maintenance, interest to the bank. The thing is, its SO HARD Getting a loan in Norway for property.. Any advice? The average property is 351.000$ a pop. I can pay 1.400 a month on loan+interest or just 700$ a month in only interest without paying down my loan. Cuz i plan on just getting the property to make $$ then sell it again when i have to start paying down on the loan. I plan on getting like 5 properties.. Because in Norway you pay 27% taxes on rent income. But once you get 5+ you have to pay 50% of the rent income If i can grind up to having 5 houses with loans were i only pay interest.. i have 105.000$ a year on rent income.. The average shitty apartment in norway is 1.400$ a month with crap location (Outside city) The problem is that the banks are really hard to convince to give you a loan. Cuz most people have the Consumer syndrome and spent loan money on shitty shit. like new shoes and a new pc etc.. I just want to make $ on these properties.. Any advice? I am considering getting a loan from another country.. Like germany or the US.. But dont know much about the banks in these places... Really just want my first property ASAP.. this is such a huge money making shits!!