banks won't lend to the average buyer unless they are buying in...

banks won't lend to the average buyer unless they are buying in the country where the bank is. cba won't lend you money to buy in china and i assume it would be vice versa.

friends of mine put together a group and snapped up dozens of homes in ireland at the bottom. they had to have the upfront cash for the first dozen and could finance a percentage of the others.