Curious about the reason, I consulted my home insurance broker, who informed me that the property had a water damage claim filed a few months ago, which is causing insurers to be cautious.This information surprised me, as it had not been disclosed by the seller.

Then rent the bigger home out using a property manager, allowing her to possibly cash flow and maintain that asset and let it continue to grow in value.Encourage her to consult with a CPA or tax attorney to explore the best strategy tailored to her situation.

.: There are sources to obtain the financing you want to buy more property.

House hacking can work with an FHA loan, as rental income from other units might help you qualify, but be sure to consult with a lender or mortgage broker to explore flexible options based on your unique situation.Good luck!

Property taxes and insurance costs are best obtained through local county websites or reaching out to insurers directly for quotes specific to the area.Tools like BP Pro and Reventure can be helpful for an overview, but it’s a good idea to validate their data against primary sources to ensure accuracy.

My husband and I purchased our first Costa Rica property last year and were advised by our agent that in almost 6 years of working in that market he had only ever seen 1 American Couple successfully obtain a mortgage in Costa Rica and it was from Scotia Bank. 

My goals with BP is to continue to learn everything I can about financing, analyzing deals, obtaining leads, and managing my rentals.

.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.

But I like the idea that everything's under one roof with their Platinum package and get unlimited consultations, emails from their legal team as opposed to billable hours.

. $120k out of pocket money down to obtain the funds.Huuuh???