Scenario 1: Condo conversionI'll skip all the renovation details and get right to the point - reasonable net profit from this project would get me around $863,000 which, after LTCG tax would be around $733,550. 

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

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

Also consider the cost and risks involved in obtaining a home equity line of credit.Evaluate your financial goals, risk tolerance, and investment strategy to make the best decision for your next investment. 

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.

All goal dependent, but if I was starting over.1.