Hello, I'm a complete newbie at this so forgive me....but I just want to clarify something as I'm making a slight switch in my strategies and I'm heavily considering looking in buying multi-family units......I was on the most recent webinar that Brandon Turner conducted regarding newbies buying duplexes, triplexes, and fourplexes.......(12/13/2017)I want to clarify something he said...and that was you can...once the numbers make sense....if you don't have any money...you can possibly use short term lending (private money, hard money, etc) to put up the money for the deal if the numbers make sense....then after purchasing the deal....after a short hold period which I think he said is about 6 months or so....re-finance the property and then use that money to pay of the original lender and now re-financed, it's under a legitimate mortgage and from that point forward you can do it again.....rinse and repeat.Is that correct?

I am heavily exploring long distance... but I thought perhaps I should look closer to home before I go to far :)  I suppose my husband and I will need to do a little digging to see if anything makes sense there. 

Yes, Belize is heavily reliant on tourism, but it does have some industry.

That's not "millions per minute" but rather equate to 400-500 a minute (in a heavily contaminated environment).  

You can play the cash flow games and not have much if any money out of your pocket, typically this will leverage you heavily for a few buck more a month in your pocket.So to wrap up, because I love talking about real estate too much, I would visit the area you are considering.

When I finally make the switch to commercial lending, I will rely heavily on my past banking experience to make sure I don't end up in loan work out department of some bank.

After that article came out I marketed heavily to those markets.

For Single Family we market heavily for distressed SFHs, buy them at 50% ARV, rehab them, and the exit is determined based on neighborhood and deal.

It's economy is heavily impacted by oil, so I'd be cautious about investing in this market in the near future. 

@Daniel Harris While reviews can be helpful as one data point, I suggest you don't rely too heavily on them, but as one data point of many should should gather about the provider/seller.