Real Estate Investing in Puerto Rico

San Juan, Puerto Rico
General Real Estate Investing
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Real Estate Investing in Puerto Rico

Adriana Andujar
Member since 2024 · 1 post · 3 votes

Hi all - are there any articles or help dedicated to Real Estate invested in Puerto Rico? PR is technically part of the US, as a territory, but it doesn't show up on any of your tools for finding lenders, real estate agents, etc... I want to use Bigger Pockets products (or others like it), but it seems they don't provide coverage for PR, which is a shame.

Do anyone have any resources dedicated to this market? I'm interested in investing in real estate there but haven't found a lot of information on how to do things in PR, lenders or dedicated/trustworthy Real Estate agents. Where you would suggest looking or does anyone have any recommendations? It would be much appreciated. Thanks in advance all :) 

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AJ WongBusiness Member
Real Estate Broker · Oregon & California Coast · Member since 2022 · 834 posts · 696 votes
2y

Check in with @Joseph Chiofalo they offer US mortgages in Puerto Rico and he has some local RE contacts. Cheers. 

541-800-0455
Sesemi | STR Brokers powered by Fathom Realty 516 Reviews
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  • Aaron T.Pro Member
    Developer · Aguada, PR · Member since 2014 · 928 posts · 279 votes
    2y

    This market is like any market in the US. You will have to go to the island or make friends with people on the island to get leads. There is no full scope MLS and most realtors have pocket listings.

    If you want to finance, you need to use a bank or COOP that has bricks and motor on the island, a US bank will not work. 

    If you are not willing to spend time on the island, put in sweat equity, then PR is not the best place for an RE investor. 

    I could scale 10X in the states if I did not have to dedicate my efforts to the properties in the island. 

    0Reply
  • Carlif Green
    Real Estate Agent · York, Pa. · Member since 2021 · 4 posts · 1 vote
    2y

    @Aaron T. Lets link and we can scale your business stateside as well 

    0Reply
  • Aaron T.Pro Member
    Developer · Aguada, PR · Member since 2014 · 928 posts · 279 votes
    2y
    Quote from @Carlif Green:

    @Aaron T. Lets link and we can scale your business stateside as well 


     What are your credentials to help scale a business? 

    0Reply
  • Carlif Green
    Real Estate Agent · York, Pa. · Member since 2021 · 4 posts · 1 vote
    2y
    Quote from @Aaron T.:
    Quote from @Carlif Green:

    @Aaron T. Lets link and we can scale your business stateside as well 

     What are your credentials to help scale a business? 


     I’m willing to do what it takes to help you build, one property at a time. I don’t have much experience but that will never hinder my abilities or hunger. I will be the assistance you need me to be here in the states for you. Boots on the ground. Grinding.

    0Reply
  • AJ WongBusiness Member
    Real Estate Broker · Oregon & California Coast · Member since 2022 · 834 posts · 696 votes
    2y

    Check in with @Joseph Chiofalo they offer US mortgages in Puerto Rico and he has some local RE contacts. Cheers. 

    541-800-0455
    Sesemi | STR Brokers powered by Fathom Realty 516 Reviews
    WebsiteView Page
    1Reply
  • Joseph Chiofalo
    Banker · Henderson, NV · Member since 2023 · 317 posts · 74 votes
    2y

    Hi Adriana, 

    I have helped clients access financing in Puerto Rico. 

    Would you be targeting a single family home or a multi-family property. 

    0Reply
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