Saturday, July 12, 2014

I want to buy an established income producing surf/yoga quot;hotelquot; in Costa Rica, where do I start for a loan? -

I am a female with excellent credit and I currently do not have my name on the deed of any other property in the US or elsewhere. I am very interested in purchasing a Surf/Yoga Guest House in Costa Rica on the beach. How do I go about financing it? Are there special loans for female business owners buying commercial property abroad?

You would not obtain money in the US for this, no one will lend for property outside their legal jurisdiction.You will have to use a bank in Costa Rica.Expect to pay at least 40% upfront in cash. (same as in the US)

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