Rent $1550/month (Projected) Used Avalon Capital's 100% purchase & 100% rehab hard money loan.

I believe that this is due to (finally) rising interest rates deflating asset values, which is highly correlated to the exponential increases in income for top earners like CEOs, executives, money managers, RE investors, and Private Equity Groups.To me, the only logical stance is "rational optimism" (I heard this term from Morgan Housel).

Should I save more 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.

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

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. 

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

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.