If it's in the restricted zone (within 31 miles of the coast or 62 miles from an international border, you have the choice between using a bank trust and paying the fees mentioned above or using a Mexican corporation and bearing the costs of establishing and maintaining  the corporation.

That's a steal, if you were going through me we'd be at 75-100k for this huge project.

I am self employed but want to build a spec home using the equity in my house as collateral.

We will be almost doubling our portfolio next month (81 doors total).

Hi Eileen,Is the property vacant? 

The more cash on hand the more options.

In the meantime, I would like to gain experience through employment with an existing real estate or property management company.Is there anyone out there that can provide me with some good advice/guidance as to the best and most practical route to achieve that goal?

I have newer properties that spec builders just through up and have issues with. 

Know the lingo and the processes.2.

The tax paid from your lending proceeds should be the equivalent of your tax rate I would think.