All Forum Posts by: David Garpstas

Good Evening Daniel,

My wife and I purchased property on Ambergris Caye about 10 years ago that was seller financed. That being said, it was raw land that had been subdivided from a larger scale. I know a few other individuals have purchased through partnerships as well as utilized private money. Sorry that this reply is likely not much help but I wanted to share my experience. Best of Luck! We love Belize!

My wife and I purchased some land on Ambergris Caye about 10 years ago and are looking to begin some sort of development in the near future. Looking to see if there are any words of wisdom or experiences that you would be willing to share? Thank you in advance!!

Investment Info:

Single-family residence buy & hold investment.

TURN KEY LANCASTER CITY RENTAL WITH NICE YARD, OFF STREET PARKING AND TENANTS WITH A GREAT TRACK RECORD

What made you interested in investing in this type of deal?

TURN KEY/VALUE ADD OPPORTUNITY AT TURN OVER.

How did you finance this deal?

HARD MONEY

How did you add value to the deal?

SCHEDULED TO PAINT EXTERIOR AND MINOR INTERIOR COSMETIC REPAIRS TO WALLS AND FLOORING.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $35,000
Cash invested: $27,000

SINGLE FAMILY FIXER UPPER PURCHASED WITH ADDITIONAL PARCEL OF LAND.

How did you finance this deal?

HARD MONEY LOAN