It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Otherwise, you can get in too deep and lose a lot of money. 

Anyway given the huge amount of supply coming up in the area, you can’t afford a bad location or « bad » property if you want to get rented on a sustainable basis in my humble opinion.I would only get something like that if I wanted to use the property for myself only and want to be on the middle of nowhere.Hope this helps and sorry if I involuntarily poop the party but, at the risk of repeating myself from previous posts you can’t expect to buy by anything in Tulum and make or not lose money.

Should I save more money?

I’ve got 7 properties and each month I generally add more money to each one.

They’ll probably make sure whoever you buy from is the actual seller too, and that you don’t wire your hard-earned money overseas to a scammer like a lot of people have done recently.

That's money out of their pocket and into someone else's pocket. 

1) with a CRT you are giving the money away.

There's loads of material in the academy and I'm happy with the investment.My recommendation for deciding whether to spend money on something like this is similar to letting a friend borrow money. 

Living at home and saving money is good.