.":-0Hey O, is this true?

Not sure if that’s true or not. 

don't know if this is still true, but at one time foreigners could not outright purchase property in Mexico within 100 miles of the coast. 

Heya Ethan.I've completed 7 secondary suite renovations/developments now and it is extremely difficult to do a true BRRRR where you pull every dime back out again after you refinance.

I have never found a true 70% deal.

If the offer price is too good to be true you may be dealing with an inexperienced wholesaler who doesn't know the market. 

This is true in most markets. 

Even if you only averaged 2.8% appreciation annually, which if you've had it 20 years I have no clue how that's true given prices have well more than doubled in that time, youre skipping over the fact that you have been benefiting from that appreciation on the ENTIRE house, not just the % you paid for.  

There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).

What does it tell you when a city can't afford to put a few structures with colorful lights for the holidays?