.:/) Down Payment $27,980.00 (20%) Total Investment $37,980.00 Amount Borrowed $111,920.00 Unit 1 (3 bed/1.5 bath) $525.00 (rent we charge for our other properties) 3 $1,575.00 there's also a garage that I didn't know how to work into the numbers, or if it even should be worked in Total Investment Loan Investment Interest Rate(%) # of Payments Monthly Payment Notes $37,980.00 $111,920.00 4.88% 360 (30 yrs) ($592.29) Amortized Loan Total $671.25 (month) $8,055.00 (annual) Water/Sewer $40.00 $480.00 Trash $62.50 $750.00 every 6 months (750/2) Taxes (iffy on these #s) $267.50 $3,210.00 Insurance (iffy here too) $65.00 $780.00 Heat $- $- tenants pay Electric $- $- tenants pay Vacancy  $78.75 $945.00 (5% of Income) Management (we manage) $- $- (10% of income) Maintenance $78.75 $945.00 5% of Income Capex (roof, etc

Here is the break-down:Currently Mortgage: $2000K Per MonthHELOC: If I were to borrow $300-$400K would be around $1200-$1500 Interest Only (I would pay down the principle each month as well) The primary residence is located in the bay area (peninsula) and the new home would be: Pleasanton, Livermore, Morgan Hill, Lathrop San Jose.

Once you get the first deal done it’s easier after because you a repeated borrower.

Indeed, a US bank can and won't take a mortgage in Mexico.If you want to use leverage in Mexico, you'll have to borrow from the local banks or get seller financing.

They also said they will scrutinize two months of bank statements to make sure there are no shady deposits or borrowing short term just to meet the requirement.

How much you can buy also depends on how much you can borrow.

$5,000 down that I borrowed from a friend.

$5,000 down that I borrowed from a friend.

Improving your credit will definitely extend and enhance your investing gameplay (Rule #3)So...Rather than borrowing hard money to BRRRR your way into a deal, why not get those three really good deals under contract and wholesale them for cash?

They are usually happy to train new borrowers for a specific property type.