TIAHi Anna,As a buyers representative, developer, and investor in Tulum, I wanted to share some insights to help guide your decision.

At the end of the 3 day workshop, our instructor gave us all his contact info: JaYEson Jones@legacyeducation2) An aggressive representative told each of us individually to lie about our earned annual income. 

Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Money laundering happens, cash or coins and yes much more(99.5%) is done in regular cash seeing that these coins represent .05% of currency.

However it is typical to allow the lawyer representing the lienholder (lender) to make an unofficial bid referred to as the "upset price".

Their representative recommended I engage with JP Morgan Chase private banking / wealth advisor as they thought this would allow them to be more creative and include other assets as part of the collateral.

Because it's better to hire a professional agent to represent you.

When I spoke to the representative, he told me there are many that have a few hundred invested and many that have 100s of thousands.

I represent a lot of buyers in Tampa, and some hire me for full service PM, limited service PM, and some self manage. 

I know I just ratified a transaction where I was selling a new build ( not yet built) and the broker representing the buyer had a very high buyers broker agreement that simply does not work for builders and what we have to do to manage the process.