Easiest routes I’ve seen:Second-position private money (short-term, interest-only, balloon at sale/refi)Small equity partner just to cover the gap—they get a cut, you stay light on debtContractor payment deferrals (if you’ve got solid relationships)Or a bridge/mezz loan if your project is close to completion and appraises well.Main thing: keep it clean and documented.

A real case exampleLet’s say you buy a $250,000 condo in Riviera Maya with 40% down.You finance $150,000 over 15 yearsYour monthly payment is around $1,500 USDThe unit generates $2,500–$3,000/month as a short-term rentalAfter expenses and mortgage, you’re still net positive and building equity abroad Final Thought:You don’t need to be a resident.You don’t need to open a Mexican bank account.What you do need is clarity, documentation, and the right team guiding you.Foreign financing in Mexico isn’t a fantasy.It’s a powerful tool and it’s already working for hundreds of investors who decided to move smarter, not harder.

Unless the property is being wasted, mismanaged in a gross manner, or otherwise in breach of the underlying trust documents, the costs and time involved will both be high, with no reasonable expectation of a win. 

Well written documents by an attorney, and professional procedures cover you, as well as can be expected.

So act professionally, document everything (all the communications, if you talk in person for something important, follow up with an email for documentation).

LLCs also offer more structure, including defined roles, profit-sharing agreements, and the ability to clearly document capital contributions, management responsibilities, and exit strategies.

Be sure also to collect tenancy documents, including lease agreements, ledgers, and application files, to ensure the property owner or manager did their due diligence and the tenants will continue to pay rent on time. 

And the Clauses You MUST IncludeOnce due diligence is done and documents are ready, it’s time for one of the most critical parts of the process:👉 The purchase contract.In Mexico, this is often referred to as a "Contrato de Compraventa" or Promissory Purchase Agreement.It’s the document that legally binds both buyer and seller, outlines terms, protects your deposit, and sets the rules for closing.🧩 Here’s what every solid Mexican real estate contract should include:1. 🔐 Legal Description of the PropertyThis includes the official lot number, size in square meters, boundaries, location map, and title registration info.Don’t rely on marketing brochures — only what’s registered matters legally.2. 💰 Purchase Price & Payment TermsClearly state the price in both pesos and USD, or whichever currency applies.Also outline how and when payments will be made (e.g., deposit, balance, escrow, transfer).Include what happens if exchange rates shift before closing.3. 📅 Closing Date & ConditionsDefine a clear timeline and location for the closing.Also outline who is responsible for which costs (notary fees, trust setup, taxes, etc.).Pro tip: Build in a 15–30 day extension clause, in case there are bank or municipal delays.4. ⚠️ Disclosures & EncumbrancesThe seller must declare any legal issues tied to the property (liens, tenants, pending taxes, disputes).If nothing is disclosed, the contract should include a “clean title” guarantee with legal consequences for omission.5. 🧾 Penalty Clauses & Default RemediesWhat happens if the seller backs out?

This way, if the tenant returns the unit in poor condition, you’re fully covered.And don’t forget: if you use any of the deposit for repairs, you must provide the tenant with itemized receipts and documentation for every dollar spent.Let me know if you want help setting up an inspection checklist

Your co-op income may count if it's documented and consistent, but even if it doesn't, your savings and co-borrower strength help.