I've doing business in the islands for about 12 years but almost all flips via private lending or owner/creative financing.

Then go to a business bank or bank with a strong business base.

Good Morning,Myself and a partner are creating a business plan with the hopes of Raising 1million for REO, SFR, Wholesaling deals.

It helps that we have known each other for 30 years in a business to business capacity.

The property cash flowed well and covered our expenses in 2021 and 2022 with short-term rentals and about 80-85% business use, but it did not rent as well in 2023 (oversaturated rental market, change in travel restrictions, weather etc...) and dropped to about 65% business use and a negative cash flow of about $15K.

@Sam SchlosserWhen considering a real estate deal - throw the word “friend” out, you should not have friends who are business partners.

 Do you recommend I buy a house in my government name and then transfer the title to my business or just buy in my business name from the jump ?

@Robert Brown personally I'd avoid Sosua, as it's a destination for sex tourism.There is also Santo Domingo, which attracts business travellers as well and the nearby beach city of Juan Dolio.

I have been active on this platform for quite some time now and I am so grateful for the business relationships I have created.

I'm a local chicago mortgage lender but we are licensed and do a ton of business in CA as well - happy to be a resource in any way I can!