Here’s to a fantastic year ahead!

You can, for example, control a $1M asset that appreciates $30-50k per year with a $50k down payment plus closing costs if your DTI is in good shape.

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.

We understand that not every lender will provide us with a commitment letter due to risks outside of our control (the market, covid, the borrower, etc).

Wishing everyone a fantastic start to the New Year!

My brokerage is part of Anywhere RE, we have the biggest names under our umbrella (ERA, Caldwell Banker, Sotherbys, BHG, Century 21) and we have a fantastic referral program that I can hand pick an agent anywhere in the country and interview them for you to make sure they have the qualities you are looking for.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

Again, this is a factual action that will ensure that you remain in control of your property and that the other tenant has the peaceful use of the property that is a legal right.Fun, huh? 

Better financing, more control, don't need as much down, etc.  

It was a fantastic surprise because it's not what projected was, it was perfect case scenarios.