I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

Reason is what happens if the home needs repairs, do you have $ to cover it or if prices dropThey also will typically want a personal guaranteeYour best bet would be to find someone you know as the conventional private lenders will view this as too risky

They are not strict with tenants, they buy properties in tenant-friendly states/counties, and son on.I would bet you that if one of your RE 'friends' would come on here and show us their business practices, we would see a poorly run business.Anyway, never listen to the naysayers, it sounds like you are set up well and you're on this forum, which gives you a huge advantage.

Generally speaking, it's not that easy for everyone to qualify for a mortgage in Mexico and, given the potential additional constraints related to Tulum, your best bet is to check with all the banks.

I'm going to have to ask her what she thinks about this ruling, but I bet she'll feel the same way that you do

I bet there are a lot of people in Joplin, Missour after the storm still milking the system and getting away with it ever day.Joe Gore

Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.

Bets of luck!

Ask specific questions, this is your property and you have a right to know what is going on.If he still does not respond, then I think you have to at least call an attorney and make sure that you are proceeding legally (for your state).I would bet @Nathan Gesner would have some ideas on this.....Good luck!

I personally wouldn’t want a heloc because they’re variable rate loans and if I mess up my next deal and I can’t pay back by not being able to refinance (by doing BRRRR), then I’m screwed so I’d like to play it a little safer since I’m not very experienced in the rehabbing area.