Early in 2024, Blackstone was also able to sell the Arizona Biltmore to a UK-based fund for over $1 million/key.These deals signify that, for motivated buyers, financing costs are not as important a consideration as the location or a strategic rationale to own a property in a preferred market.Borrowers of two high-profile portfolios decided to stop supporting their loans, so industry participants are assessing the likelihood of these properties trading.

The 10% down second home loans are much more difficult to get now.You will likely need a 20% down investment property loan.Yes you can do a cost seg study for this property.I'd be more wary about finding a property that can cash flow and be allowed as a STR than tax breaks.

I discovered a guideline that prevents lenders to loan to Condos that have master homeowner's deductible > 5%. 

Due to the rising cost of financing, the deal fetched an 8% cap rate, typical for transactions in this size range.As we move through the first quarter of 2024, the $180 billion in retail loans maturing between 2024 and 2026 presents a significant consideration for the market.

During that period, the number of closings fell for seven consecutive quarters before rebounding 74% over the ensuing two years.Additionally, the $24 billion in maturing CMBS loans this year could stimulate sales activity as the interest rate environment will likely be much different from their rates at origination.

Im sure its not possible but thought id ask, Im a U.S citizen , is it possible to get a home loan here (U.S) to purchase a home in South America?

It's a math problem more than a qualification problem, but you may want to cap your loan amount to get a better rate (and cash flow) vs maxing out and having a little more cash, but really bad cash flow.

If there is a loan involved, you must have the mortgage companies' permission to transfer ownership.

You know the seller's asking price and loan terms (is it interest only or amortizing?).

For these reasons I will have to qualify for a loan on the nee house, to pay off the debt that exists and to finance renovations.