Investors that buy properties in Puerto Rico Island
I'm looking to purchase my next property on the Island of Puerto Rico. If you have used creative financing or have invested in the island before, please let's connect further. I would like to hear about the strategies you used with the properties in the island. Thanks in advance.
Hi Gerlyn, there's a bunch of us investing in PR. Lots of resources we can share. We meet on Saturdays and monthly at in San Juan. DM me for details.
@Kathryn Morea This is wonderful! I will send you a DM. Thanks
We had a 10 unit with seller finance a week from closing and the owner backed out on the deal.
You also have to be careful as the laws here are not what you may be used to on the mainland. You also have to watch out for heir laws that could affect your contracts and ownership.