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All Forum Posts by: Juan Bravo

Juan Bravo has started 6 posts and replied 32 times.

Post: Buying Rental+Farm RE in Puerto Rico with PL & Owner Financing

Juan BravoPosted
  • Rental Property Investor
  • Arecibo, PR
  • Posts 32
  • Votes 12

Hello BP community!

I'm about to make an offer to my very first RE investment! This is a sweet deal for a 20+ acre farm land which also has a duplex rental already with tenants in it. I am planning on using creative financing through personal loan (60% sale price) upfront with owner financing the remaining 40% for 10 yrs. My concern is how to close (contract, legal, etc.) this deal in Puerto Rico since things are a bit more complicated there than in the mainland. @Victor Chico any thoughts or suggestions? Or anybody with experience with deal like this in Puerto Rico?

All best,

Juan

Post: Newbie from Puerto Rico but living in Delaware Eastern Shore!

Juan BravoPosted
  • Rental Property Investor
  • Arecibo, PR
  • Posts 32
  • Votes 12

Hello Bigger Pocket fellas!!!

I'm Juan Bravo a current farm manager and prospect investor. I have never purchased a real estate but, in recent years, I have become more and more interested in this world. Nonetheless I look forward to learn on how to get FREEDOM through investing in rentals and vacation homes. I LOVE agriculture (specially if it involves Puerto Rico) for which I'm always open for properties with a lot of land. My areas of interest are the east & west sides of Puerto Rico and the Delmarva Peninsula (DE, MD, VA eastern shores). I hope to learn a lot from this community and become a great investor as well as make some good networking and relations with other investors. Glad to be here!

Cheers!

Juan Bravo