Typically in Mexico, an American would pay with cash as we do not use the same banking systems (your credit is no good there. :) and US Banks won't generallly loan on foreign properties.  

The homes I am looking to turn, are and would be in a 1st time home buyer New Mexico range, or step up ...Say $150- $200k-  Thanks in advance- JF

I´m not a USA Citizen, neither resident, I´m from Mexico, actually living in Monterrey, Mexico a couple of hours from the US BorderThanks a lot for your help

I´m from Monterrey Mexico, as many mexicans I have a lot of relatives in Texas, a few months ago one of my uncles passed away and my aunt is selling some of the properties she has, becausse she doesnt want to manage them, one of them is a small comercial center (9 spaces) and I´m trying to see if there´s a way for me to get a loan and purchase the propertyIt costs $1.1 million usd with a potencial of $108,600 usd in yearly rents, actually it has a 85% occupancy and gets $93,000 usd in yearly rentsthanks a lot in advance

I've always wondered if they went to Mexico or if they found the inside of prison.

@David Dachtera @Jose Flores

@alejandro @Alejandro Flores my pleasure!

It is by South Padre Island and Mexico :)

Originally posted by @David Flores:@Ash OgunleyeHeyy ash thanx for the quick response.

State Real Estate Tax Rate per WalletHub.com Rank State Tax Rate Tax on $173K home Median Home Price Tax on Median 2 Alabama 0.43% $773 $125,500 $543 T-32 Alaska 1.18% $2,112 $250,000 $2,956 T-17 Arizona 0.81% $1,446 $167,500 $1,356 10 Arkansas 0.62% $1,111 $111,400 $693 T-17 California 0.81% $1,438 $385,500 $3,104 8 Colorado 0.60% $1,073 $247,800 $1,489 48 Connecticut 1.97% $3,517 $270,500 $5,327 4 Delaware 0.54% $959 $231,500 $1,243 5 District of Columbia 0.56% $1,000 $475,800 $2,665 27 Florida 1.06% $1,894 $159,000 $1,686 25 Georgia 0.94% $1,685 $148,100 $1,397 1 Hawaii 0.27% $487 $515,300 $1,406 14 Idaho 0.76% $1,366 $162,900 $1,246 50 Illinois 2.30% $4,105 $173,800 $3,995 23 Indiana 0.87% $1,560 $124,200 $1,085 38 Iowa 1.48% $2,649 $129,200 $1,916 37 Kansas 1.40% $2,502 $132,000 $1,849 T-19 Kentucky 0.85% $1,511 $123,200 $1,042 3 Louisiana 0.49% $876 $144,100 $707 35 Maine 1.30% $2,321 $173,800 $2,259 30 Maryland 1.10% $1,956 $286,900 $3,142 34 Massachusetts 1.20% $2,139 $333,100 $3,989 44 Michigan 1.78% $3,172 $122,400 $2,174 T-32 Minnesota 1.18% $2,110 $186,200 $2,200 15 Mississippi 0.79% $1,408 $103,100 $813 26 Missouri 1.00% $1,790 $138,400 $1,387 T-19 Montana 0.85% $1,525 $193,500 $1,652 45 Nebraska 1.85% $3,308 $133,200 $2,467 T-19 Nevada 0.85% $1,523 $173,700 $1,481 49 New Hampshire 2.15% $3,838 $237,300 $5,100 51 New Jersey 2.35% $4,189 $315,900 $7,410 12 New Mexico 0.74% $1,324 $160,300 $1,188 41 New York 1.62% $2,899 $283,400 $4,600 T-19 North Carolina 0.85% $1,524 $154,900 $1,322 31 North Dakota 1.12% $2,000 $153,800 $1,722 40 Ohio 1.56% $2,794 $129,900 $2,032 24 Oklahoma 0.88% $1,569 $117,900 $1,036 T-28 Oregon 1.08% $1,929 $237,300 $2,563 39 Pennsylvania 1.53% $2,725 $166,000 $2,533 42 Rhode Island 1.63% $2,915 $238,000 $3,884 6 South Carolina 0.57% $1,019 $139,900 $798 36 South Dakota 1.34% $2,389 $140,500 $1,879 13 Tennessee 0.75% $1,335 $142,100 $1,062 46 Texas 1.90% $3,386 $136,000 $2,578 11 Utah 0.68% $1,218 $215,900 $1,472 43 Vermont 1.74% $3,116 $217,500 $3,795 16 Virginia 0.80% $1,420 $245,000 $1,948 T-28 Washington 1.08% $1,931 $259,500 $2,805 7 West Virginia 0.58% $1,044 $103,800 $607 47 Wisconsin 1.96% $3,499 $165,800 $3,248 9 Wyoming 0.61% $1,097 $194,800 $1,196