The investing life before Jake was difficult, lonely, stressful, overwhelming at times.

Walking back an agreement where you split the mortgage 50/50 and he pays utilities may be difficult and could stress the friendship. 

I am happy to answer any questions regarding real estate, investing, building, buying, selling anything you can think of  regarding real estate.Regarding mortgages in Bocas, it is very difficult to obtain but not impossible.

Similar to COVID, when it was difficult or not possible to evict tenants if you had one of these mortgages.

Making a bad decision can be a set back, but can lead to success.The beginning is always difficult especially without out any related experience. 

When purchasing all cash on the same deal it's a lot more difficult to get a similar COC return, the numbers aren't even close. 

kudos to you for pursuing a real estate career despite the challenges you're facing—it's a great step toward your goal of investing in properties and flipping them.

Additionally it would be more difficult to get approved for the the full second position HELOC since you would need to factor in the HELOC and mortgage payment into the DTI even though you would only owe 47K on the mortgage.  

You can probably do it in areas without zoning or farmland, but it is very difficult in a traditional residential zone.Your best bet is to look for areas along busier roads that are currently residential and turning commercial or already turned commercial with lingering residential.

I am very interested in pursuing a career in wholesale real estate.