I find properties and develop them How did you finance this deal?

I know other Agents and Brokers in almost every state, so I ask a lot of questionsHow did you finance this deal?

I’ve qualified as real estate professional since 2021 and just found a potentially good opportunity to acquire a property in Mexico that would make for either a solid STR and/or eventually our forever home.I’m completely new to acquiring a foreign property- how to finance, what purchase process looks like, how foreign STR is taxed, does real estate professional status matter, etc. 

I'd recommend connecting with people focusing on finding off-market creative finance deals such as myself.

MLS How did you finance this deal?

In many instances, homebuyers looking to utilize FHA financing cannot even cash flow (after the burnoff period of their homestead ends).What I recommend is looking to a house hacking strategy.

Happy to answer any financing questions you have!? 

The main place investors in my area went to finance was local community banks and credit unions.

Your best option would most likely be conventional financing or a private loan. 

Also, newbies have limited experience in with financing so the refi may be later than planned.Generally, I think its somewhere between a bad idea and maybe just a "trial by fire" for the newbie to learn about a remodel and don't necessarily expect to do the brr well.