All Forum Posts by: Jesus Santoyo

awesome man!! You are already better of than most ppl!! Congrats and stay on track mate hoping you and I one day can have our time back!

I will suggest a conventional loan or an fha both to be owner-occupied - I will stay away from DRSC and commercial loans at this time due to the high rates. Househack for 6-12 months and refinance in 18-24 months and you will be okay

Hi All!

I wondered if anyone has invested in Mexico- I have dual citizenship- Mexico and the US. 

I would love to buy some land or a property in the Oaxaga region but wanted to learn more about financing land or RE. 

I am also curious if anyone has worked with a US bank and leveraged RE to finance RE in foreign countries- 

Will love to hear opinions, advice, and ideas on how to make this happen.

 I agree with Nicolas, Househack for a few years and learn your market/block/zipcode- You are on the right path - Wish you the best in making this decision! Let me know if I can help in any way.

Dont currently invest in the market but living from Chicago all my life- I have seen MIlwaukee and a few other cities in WI continue to grow and develop their neighborhoods, cities, and counties- I see the MW continue to grow at a slow turtle rate but if you have time on your side, I would put my $ on some of the areas in MI, Racine, Madison, GB and Kenosha - Closer to the water the better --

Brett!

Happy to help-

I am currently house hack and looking for my third - I am happy to share the processes that I have used in the past to narrow my options and answer any questions you may have-

Happy to have you be part of this amazing community!

Luc,

I agree with the gentlemen's advice above me- Start slowly learning about the city and the people that live in the area- I am a big fan of following the L - I tried to look at areas that are near any train stop as those are areas where the city corridors are. Commercial spaces/restaurants are present, which usually attract residents. The green and -pink lines and a few stops along the red line are areas that may have more lead way to growth (C/C-) neighborhoods personally, I don't mind them as I tend to be an active investor and create personal relationships with my tenants.

 @Savannah Remkus That's a great idea- Appreciate the help!

 Mark!! Thank you! A big fan of yours! Appreciate the help and will follow up with you.

@Jonathan, 

Yes, having a good W2 job allows me the ability to continue to invest- However, the goal is to eventually leave the industry and move to RE full-time in the next 2-3 years. As far as who to work with for me at first grasping all the knowledge that I can is extremely important as I see this as part of paying my dues- The $/transactions will come as I invest in my education and build the right type of networks and self-discipline. 

Love to connect Ill DM you and we can talk further.