Rates may still be high, but sometimes they’re more flexible with repayment options than a mortgage refi.Family Loan Structure: Since you have an existing interest-free loan from family, you could talk to them about restructuring or even adding onto it, if they’re open to it.

Our strategy is looking for multi-family homes to purchase and hold as option 1. 

.- With $100K, you have a lot of options. 

If you want to develop it, I can refer you a lender that will lend on a completed subject to appraisal but you'll be limited if you just want it for the lot.If you simply want the land as part of your property, you have more options including a HELOC which you can still use for development down the road. 

I would check and see how many 1 bed and 2 bed options there are and what they are priced at because most folks will prefer the full place to themselves so rooming 2 people together could make getting bookings a bit more difficult (not always the case but something to consider)

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.

Hello, Starting to research about STR options/opportunities in Mexico (as a Canadian living in Canada).

My goal is reviewing retirement options. 

If you are hoping that this property will stand on its own with you living in it and not having to put your active income into it, then it might not be the best option for you right now. 

I'm open to helping you explore your options.