Mexico Construction Loans
May 8, 2006 11:57 AM
I am a small builder who would like to move my operations to a resort area of Mexico to build for the impending baby boomer migration. I have been having trouble finding reasonable sources for construction loans as most developers either pre-sell their units (time consuming) or use Mexican banks, whose rates are prohibitive. Is anyone familiar with any banks that are lending $3 million dollars or more for residential developments to experienced developers? Thanks!
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