.- Does the condo have an existing STVR permit or will you need to apply for it?

This year is slower than normal because mortgage rates and home prices are so high.

Mortgage rates at 7% 2. 25% down3. 10% of current rents budgeted for capex, monthly repairs and maintenance and property management fees. 

If your parents do not have experience and you are eager to learn, you should come up with a strategy with your parents so that you can start managing the existing portfolio and finding a way to grow it.First and foremost I would maximize the property as much as possible now.How well is it maintained - any deferred maintenance? 

The current owner is letting me take over the property as a tenant as long as I pay the water bill and the mortgage payment on it and whenever I decide I can purchase property for the balance of the mortgage  they are in no hurry for me to purchase the home as long as the mortgage is paid. 

I'm hoping to connect with some mortgage brokers in Puerto Rico who may be able to finance an investment property in Vieques. 

So your capital gain when you sell this property will be calculate against your tax basis and not against your mortgage as many investors expect.

We made some big changes coming to Movement Mortgage early this year and we are incredibly grateful to be thriving and loving it here at Movement.

Cash invested: $65,000 Sale price: $97,000This property was a very early lesson learned in private mortgage financings for me.

FHA loan through my mortgage broker associates.