On a different thought (not based on any development) is imperial beach.

Quote from @Daniel Rabinov: Hey guys,I am looking into purchasing a new development pre construction condo in Miami that is STR approved for AirBNB.

We are still really early in our growth (we officially launched in Feb) and haven't spent any money getting the word out as we have been hyper focused on development.

For larger bridge loans and development deals they are solid Originally posted by @Jay Hinrichs: Tarik I dont think she said she was refinancing i think she said she is looking to finance so probably an purchase money loan My main point was that these scale of loans the borrower needs to look within and be realistic if they can truly qualify.I am not sure if this company will take the 10k when cursory information reveals a high chance of loan being rejected..and if borrowers are qualified for this type of financing they usually have a pretty good grasp on whats needed. 

Obviously, this is not a financing specifically for the overseas property and the borrower could use the money to do anything they want.If you want to use leverage in Mexico, the alternatives to local bank financing are developer financing for pre-construction properties (which is rarely given if you don't have the necessary personal relationships) or seller financing.

But with this 42 units will sft cost will be lower than building 2 or 4 units and we need some guidance who has done this kind of construction/investment.I’m seeking expert advice from an experienced builder-investor in mixed-use developments.

Just look at how many companies are moving and developing here!

There is lots of economic development in Grand Rapids and it has a diverse economy. 

Investor looking to connect with brokers, other investors, and developers in the Louisville area to learn about the market and grow.

I'd just run your numbers on the new development i.e. how much can you get land for, building permits, water/sewer hook-ups, etc.