The latter is a requirement for our 1st Responder fire sprinkler system so they may as well use it..

@Joy MayA government body has the right to use it’s Eminent Domain powers to take ones property.

If you're going to private lend you may as well get market rate!

Mind you, when the Covid crisis started, many feared real estate prices in tourist-dependent areas like the Riviera Maya or Puerto Vallarta would crash but that didn't happen at all.

There should also be the understanding of what types of offer makes sense and what is wasting people's time since if the offer is so low its unlikely to be accepted or the seller may as well do a pricedrop to garner interest before even considering your offer etc.If the realtor is a good fit for you, he should be able to make some recommendations on areas that meet your criteria or advise if what you're seeking is not common in the areas he or she is familiar with

I currently live in northern Colorado, but am planning to move to Albuquerque this May as my girlfriend attends the water resources grad program at UNM over the next two years. 

Hi, I am in search for a vacation home in Riviera Maya, preferably Tulum area, but open to suggestions.  

I used it for closing costs for my buy and hold as it still cashflowed after my monthly re-payments to my lines of credit.Some things to look for are a longer draw period so you can continue to recycle the money more without having to go through the HELOC application process again, the lower interest rate you can find, and an interest only draw period where you do not have to also may a principal payment if you do not wish to - this helps with the carrying cost logistics.Good luck with your HELOC and your next deal!

Hello,I often do come across Redfin insights on homes on sale these insights are different from the listing description and their written comments specifically highlight all the pros and cons of a listed home and if the emphasis is more on the cons of a listing it may as well negatively impact the sale price of home.The buyer does his due diligence anyways but this added commentary from a third party nowhere related to the sales proceedings can make prospective buyers prejudiced even before they come and see the property.

You can only have one FHA loan at a time, so you may as well try to maximize the value you get out of using it by acquiring something with more units and greater potential for cashflow.