Is your objective to be rich or wealthy.

It's worth mentioning for other readers that, while it doesn't hurt, it's not necessary to be a resident or to own a Mexican corporation to buy real estate in Mexico and any non-resident can own a Mexican corporation anyway.To answer your question, depending on your strategy, you have various options, depending on your objectives:* Other beach resort towns whether in Q Roo, Baja California Sur, Puerto Vallarta - Riviera Nayarit, Mazatlan or the Oaxaca Coastline.* Inland cities like Mexico City (the capital), Guadalajara and Monterrey (the 2nd and 3rd cities who are benefiting from the onshoring/reshoring/nearshoring boom and the rise of the middle classes), San Miguel de Allende or Merida.Hope this helps otherwise feel free to reach out.

If that is the best return you can get on $100K, then do so.You do a little worse because you end up with less principle paydown when recasting (the opposite is true if you are simply prepaying. 

Your objective is sound.

(Note: It doesn't always work out finding a local partner but that is our objective)At what point do you travel there?

So you can use that figure to determine an objective (ie.

You'll also get bombarded with solicitations for 'hot leads' and 'done for you marketing'... these shiny objects don't always pan out and you should be cautious when considering anything that makes lead generation seem 'easy'.Tons more to consider as you get started.

And before you object: yes you can buy it, but it is VERY expensive, both in restaurants and grocery stores. 

The numbers usually just don't work after you factor in principle, interest, taxes, property insurance, as well as a maintenance reserve unless you somehow found a steal of a deal on the purchase price.A refi is simply a new loan where you are keeping your same house.  

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.