Hello all,I'm looking to purchase a house in a very touristic location in Mexico and wonder if there are any lenders that finance properties there.

Is it these guys that got sued by the New Mexico Attorney General? 

Estoy cerca Philadelphia y soy un contador y yo tengo clientes en Mexico y tambien aqui en los Estados Unidos.

I certainly would not purchase this property if I did not expect continuing rent appreciation as it is detached duplex (two tenants are typically twice the work of one) and the current cash flow is too low for me to justify the effort.So far the extent of our value adds has been rehabs with potentially adding bathrooms.I have significant confidence of continued rent increases over the next few years at least: 1) rents lag property appreciation. 2) vacancy rate is real low. 3) cost to add more than ADU is high - it coasts around $100K to break ground for residential in San Diego (permits, surveys, etc.). 4) Minimum wage increases already approved.  5) one of the best weather climates in the US.  6) rising population: one recent study had San Diego as 13 highest population increase of large US cities.  7) geographically constrained: Constrained by Mexico to the South, Pacific to the West, Camp Pendleton to the North, and the East quickly gets harsh.  8) good and varied employment: Hard to manage a employment category melt down that could impact the range of employment in San Diego.  9) environmentally diverse from mountains to desert to beach to happening urban center.This weekend I plan to send 2 rent increase notices. 

@Robert Swingle @Dave Martin @Guy GemmerFull disclosure: The only things I have heard about ABQ has been from people reviewing the University of New Mexico in ABQ.

4) I am also interested in purchasing properties in Mexico (Playa del Carmen / Tulum) and would like to know if anyone has any experience with this.

The market in Montreal and Canada in general has become very expensive so you need to find or create deals to make it work and this is what I'm looking at doing.For really profitable deals, I invest in markets which are much cheaper and have much more room to run, like Portugal and Mexico.

Some might not let you own within 50 KM of the coast or border....like Mexico.  

Even 10+ years later, I enjoy reading back over it, reliving the sweaty palm wins, the heart sinking losses and more importantly, seeing the evolution of my mentality and how I dealt with the highs and lows of risk, wins and losses.With that said, I've set a challenge for myself to make $200k in equity over a six month period, June-Dec 2018, investing in a market that I know well but am not physically located in.Details are below - enjoy.Goals1) Buy (5) single family properties in 2018 and get them refinanced into long term mortgages2) Purchase under market and achieve a minimum of $40k in equity per property after all repairs are completed3) Cashflow $250-400/mo after expenses & debt service per propertyFunding1) A single line of credit established on an existing single family property2) Private money from existing private money lenders that I've worked with over the years 3) New lines of credit that I'm currently in the process of setting up on existing properties - probably will not be established until late AugustBackgroundI work in oil & gas and I’m currently on assignment in Mexico and will be here for another 10 months.

This is Mexico, not Miami or New York City!