Does anyone have any experience investing in Mexico?

[Allan Rosso]

My wife and I have recently looked into investing in her native country of Mexico. After some research, we are pursuing buying two properties in Cancun, Mexico. We spoke with the agent down there, and he suggested it would be better for us to acquire financing here in the states, rather than getting a loan down there. 

Has anyone done anything like this before? 

Do banks generally loan for out of the country investments such as these?

I am setting up a meeting with my banker to discuss my options, but I would love to hear experiences from fellow investors here on BP as well. Please feel free to share any and all advice, success/horror stories, etc, not limited to my questions above. It is greatly appreciated.

Allan