Ive been reading tons about it and have been planning on starting a real estate flipping business with an American partner which I meet while I was there on an exchange year.

I did get DP3 quotes from American modern and foremost.

Originally posted by @Sam Battaglia:@Ryan E.Looks great inside.

You'd learn what you need to know.You can call Great American Title, they have offices around the valley, and ask them their fees for a title report, and for a closing.

Can you actually use an Credit Card like an American Express that has no credit limit to purchase a property at closing for a 90 day Flip?

@Sam Shueh I was a firefighter for 10 years so that stuff wouldn’t bother me.

@Sam Battaglia Everything seemed to be wrong with that one...wow!

Also, I looked at the expected equity plus cash-out amount after 5 years, assuming 3% annual appreciation: Sell after 5 years First mortgage balance   HELOC balance   Cash   Value Equity     Total (Equity + Cash) End at Year 5 (6.75%) $175,538   $82,034   $88,500    $42,8931  $171,359     $259,859 One percent higher (7.75%) $175,538   $83,296   $88,500   $42,8931  $170,097     $258,597 Two percent higher $175,538   $84,077   $88,500   $42,8931  $169,316     $257,816 At 10% $175,538   $84,913   $88,500   $42,8931  $168,480     $256,980 At 18% $175,538   $87,679   $88,500   $42,8931   $165,714     $254,214                                                                                                                                                                                                                                                     For refinance:  First mortgage balance     Cash     Value     Equity       Total (Equity + Cash)  $269,827   $100,280.00      $428,931  $159,104.00        $259,384.00 I assumed a 5 year hold since that seemed likely, based on the fact most Americans don't own their homes for longer than this.

If that's you, great, but consider this: the average American moves every 7 years, and home buying calculators usually tell me its cheaper to rent...

Based on my initial research, investing in Mexican real estate for foreigners is pretty easy, especially Americans.