Arbitrage provides all of the hassle but none of the upside.

If you want cash flow to live off of, pay cash for properties; however, the S+P 500 provides a better historical return than rental properties bought with cash. 

A good broker remains transparent throughout the process, providing regular updates on loan applications, lender responses, and any emerging challenges.

That doesn’t mean they’re bad tenants—many are just trying to provide stability for their families—but it does mean you need to be extra diligent with screening.

Not mentioned, is recognition of other opportunities that a well-secured note may provide strategically, if placed well.

It's expensive in Mexican development to switch providers after this planning phase.

You all provided great news and Q&A 😇

It is important to note that the information provided by the other poster above is only true when you purchase the property first as your primary residence.

Happy to provide any more context

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.