Like others have said there is potentially some liability there (america!)

When you advance money to the developer, does it go into an escrow account so they can only use it for the construction or can they just take your money and flee to South America?

And even if you could, the interest rate would be way higher than it is in the US.I've been a big supporter of international investing on BP and elsewhere but long term rentals outside North America generally make no sense, financially or otherwise.

Fears of a Shift: Strategists at Bank of America warn of a transition from a "Goldilocks" economy (stable growth and low inflation) to stagflation.

But america is the land of lawsuits and lawyers, so there's that.

Original loan value of $163K taken out in 12/2009 with Bank of America.

The Skeptics Take: America is Amazing.

Buying pre-construction properties in Latin America to flip within a short period of time is a risky strategy in general but even more so today given the rise in prices over the last few years.Medellin is a great place to invest provided you buy the right kind of property but not because it's still undervalued according to international standards.

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It's just about efficiencies.1month per annual lease is normal @Amirra Besh you're investing in the greatest city in america.