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Updated about 9 years ago,
How to overcome a 12% conventional loan rate?
hi, my name is Manuel. I live in mexico in cancun. I'm very interested in real estate as a newby, and i m still getting as much education as i can, reading a lot of books. But most of them are written for american context where a national bank interest is 5% maximum.
In mexico, interest rate is 12% average! Which ruins my cashflow!
How can i overcome this issue if i dont have the cash to pay it all?
Thank