We are the only lender who can offer a classic 30 year mortgage to Americans in Costa Rica. 

Have you had any red flags in the process so far?

I did all my other due diligence like asking for paystubs, W2s, Tax returns, Employment verification, bank statements etc etc and did not see any red flags overall.

As a college student landlord you may have interaction with parents & if they find you unprofessional that may raise red flags, but if you have your s**t together you can ease those concerns.I am a big fan of college rentals.

(Mission Hills Federal) (March 13, 2024 )Home Matters USA (February 16, 2024 )Lanier Law, LLC (January 17, 2024 )SL Finance (October 6, 2023 )American Financial Benefits Center, et al.

Yup, this is exactly the reason that I wouldnt allow delegated correspondent - it's too easy to get greedy and gloss over red flags when you get paid to package and sell risk to your partners instead of bearing it yourself.

@Stuart Udis you say things like a “red flag” almost as if you don’t believe what I am saying or think that I am making things up.They are 2 different properties.

That would typically be a red flag, for any contractor to demand 100% upfront, so that was strange, however I'm pleased with all the finished product.

Stable demand, in retiree market - yes, but also in several other segments: professional working remotely, new Americans. 

What's the exit strategy if any, for the investor, given that, with 50%, he has no control and the market there is illiquid, especially when the HELOCs out of North American properties are much more expensive.Properties in Costa Rica are already expensive and I've tried many times to make a potential investment there work and it's never worked with the figures.