(I have only done one deal like this) its illegal to pre sign quit claim deeds. if someone chanllenged U that would not stand UP

If you're invested with long term fixed rates, you'd be paying HUGE pre-payment penalties.

It is my opinion that the jolt in Smokies pricing showing a decrease is the return of pre-COVID occupancy with unseasoned investors (or forgetful investors) not knowing what normal was.

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

Account Closed I've looked at a lot of the pre-construction buildings and their projections.

It's a completely different ball game post 2022 than it was pre-2021 as the Tampa Bay market continues to become more and more "professionalized" like other big markets like Orlando, Scottsdale, Nashville, etc. 

Obviously, this is not a financing specifically for the overseas property and the borrower could use the money to do anything they want.If you want to use leverage in Mexico, the alternatives to local bank financing are developer financing for pre-construction properties (which is rarely given if you don't have the necessary personal relationships) or seller financing.

@Shari Azama- thanks   1) if you are  interested in buying more properties - consider getting pre approved to make sure you can obtain financing that you might need   2) working  for a  family owned  business  may be an issue so getting pre approved will help address this  3) best  and most simple way to escalate paying down the loan is to try to make one extra payment per yr  4) if considering moving and  renting out the condo in the future - check with your HOA to make sure the  unit can become a  rental unit  ( some complexes dont allow this ) - thanks 

Recently my duplex’s property value was reassessed and my taxes went up almost 3x what they once were (bc it was assessed pre-flip before my purchase) so my Escrow shortage is about 4k.

Makes me wonder if someone has a great pre-purchase checklist they use for their due-diligence, at least on SFH purchases?