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Updated over 5 years ago,

User Stats

66
Posts
9
Votes
Ronsted Yuag
  • Investor
  • Kalamazoo, MI
9
Votes |
66
Posts

Out of the country real estate investing

Ronsted Yuag
  • Investor
  • Kalamazoo, MI
Posted

I need some help in coming with a solution. I purchased 3 land properties in the Philippines cash a few years ago. One in commercial area, two are in the island which is now becoming a top tourist destination. Of the two properties in the island, I built a campground on it, now on its second year - guests coming in but not consistent yet.

The other property in the island is by the beach area/shore where a seaport is now being constructed and will open this December.

I wanted to develop the remaining two properties but financially I can’t right now on my own. How can I use these properties to work among each other or leverage among each other so I can move forward? Should I sell one of the undeveloped ones to pay for the construction of the other one? I apologize for the long post. Any advice is very much appreciated.

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