On surface, it seems like turning ~600K on a two year project with an investment of roughly 600K (or even 700 or 800K) would be very lucrative.

If I am skimming commercial listings I am typically looking for property/projects that are listed 1.5 - 2 points above whatever the rate will be on my lending terms.

These cities are not only close to the airport but also benefit from ongoing development projects and a growing demand for rental accommodations.

A few things I would do before lending to anyone on any project: 1. 

Hey folks, looking to get a HELOC to finance a new construction project in Mexico.

People would need to know how much you have to invest in either project, where you are, and what your appetite for risk is.

The appreciation is definitely a big aspect of it, its surrounded by moderate density projects that have just been rezoned and its in a zoning node.I also believe I got it below market value enough that I could resell it and make a profit instantly, so that played a part in the investment for me

I moved here from Florida after seeing the projected growth.

If you did some rehabs and some flips that's great, because it means you're not afraid to take on a project.

Here are some considerations to help you make an informed choice:Risk Tolerance: BRRRR projects frequently include more risk, particularly in the event that the refinancing fails to recover all of your money.