For my commercial properties, I refinance every five years, allowing me to continuously access the equity as long as the cash flow can support the debt service requirements.

We all have different financial situations, lifestyles, risk tolerances and goals so what would be a good investment for one person might not work for someone else. 

Long story short, I am in a bad financial condition as of recently.

We would financially not be able to complete the project. 

We are working with an agency in Mazatlan and it seems like this will take FOREVER and we are urgently trying to sell it due to some financial difficulties.Any advice will help,Thank you

You have a strong financial foundation so you will be OK.

@Loan NguyenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

To evaluate Real esteate deals for creative financing, start by identifying seller motivations i.e. financial distress, desire for passive income, do they need a downpayment on their next house, etc  and property factors like equity or existing financing terms.

Financial objective- 100% to 400% cash on cash or don't do it.

For illustration purposes if I were given the opportunity to finance my construction projects at 8O% LTC full recourse or 70% partial recourse I will select the higher levered recourse option because have confidence in my projects knowing the debt is sub 60% LTV and want the benefit of leverage.