Skip to content
Short-Term & Vacation Rental Discussions

User Stats

1,251
Posts
261
Votes
Bob Green
  • Lender
  • Mokena, IL
261
Votes |
1,251
Posts

Vacation Rental - Developer Financing - Mexico or Overeas

Bob Green
  • Lender
  • Mokena, IL
Posted May 28 2018, 09:18

Hello All,

Any one out there have any experience with new construction - vacation rentals in Isla Mujeres or other tourist areas of Mexico? I  have been negotiating a deal and developer is offering financing.  The developer is asking for 25% down now and 25% at completion of property. They will finance the remaining 50% over 5 years. The rate is 9%. Wondering who out there has gone through the entire process and willing to discuss with me.

Loading replies...