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Updated about 16 years ago,
Make high ROI on short term project
Hello,
Most of the posts I read have to do with buying, renting, holding and then retiring or having a second home in Panama or other foreign country for investment. This is what I would call a nest-egg or long term investment. In addition, your value is only on paper and not realized unless you sell it; I have not yet found a bank that will give me a LOC out of my foreign real estate equity.
When I think of "investment", I think of creating new money, usually with a 2-6 year time horizon.
Pre-sales are now risky due to unpredictable sales and developers are going belly-up.
Investment clubs, which you must often have $100-250k minimum to put in, obtain good pre-sales from developers, but they usually have to purchase 30% of the units.
My solution is investment in a development project with the developer where you become a partner. You will share in the profits made off of the condo complex, receiving a percentage of the full sales price of each unit. Your cash will be returned to you within two years at a double digit return.
Take a look at my profile to see a project on the Mexican Caribbean. LOCATION! Within walking distance of a cruise ship port that brings hundreds of thousands of people to the area every year. Building plans include: a commercial center with a SCUBA shop, bar, restaurant, 32 condos and a beach club.
Off of a paved highway.
Build area has been cleared.
A boardwalk will go across the front of the property.
Documents and financials available.