Financing in Mexico - 7 options to buy real estate
Автор: Fletcher Wheaton
Загружено: 2021-03-16
Просмотров: 26200
Описание:
Is it possible to finance your real estate in Mexico? This video explains 7 different ways it is possible to finance your property in Mexico. I will discuss developer financing in Cabo San Lucas, bank financing, cross border lender options among others.
0:00 Introduction
0:15 7 options to finance real estate in Mexico
0:55 Developer Financing
1:25 Usually 5 years, 5-7% interest rates and 50% down
2:05 Cross border lenders
2:11 Global Mortgage
2:27 Generally interest rates from 7-10%
3:04 30% down fixed rates at 15, 20 or 25 years
3:15 Seller financing
4:04 Mexican bank financing
4:23 10-12% interest rates
4:57 15. Private lenders & crowdfunding
5:35 Home equity line of credit (HELOC)
6:05 Self directed IRA monies
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