Proximity and cultural connection meets real estate opportunity across the U.S. border

Over time, José built a strong investing career in Mexico as a real estate developer. But as he grew his portfolio, a deeper truth became clear: the situation at home would make it difficult to bet on the country’s long-term prospects. He concluded that if he wanted to expand his wealth and protect the capital he had worked so hard to earn, he needed to look beyond Mexico. José decided to focus his efforts just north of the Mexican border in Texas. Equipped with years of real estate experience and a foreign-friendly lender he could rely on, he set out to buy U.S. real estate to fund his future retirement. Since making the leap, he hasn’t looked back.

The Client

José from Mexico

José has nearly a decade of real estate investing and development experience in Mexico, where he honed his ability to identify high-potential locations, manage complex projects, and make data-driven decisions. Known for being meticulous and detail-oriented, he evaluates markets with a sharp eye, ensuring every choice is well-informed.

That foundation set the stage for his next move. Houston, Texas quickly emerged as the natural step. Its proximity to Mexico City made property visits and relationship-building practical, while the deep cultural ties between Mexico and Texas gave him confidence that if others had succeeded here, so could he. Determined to make it work, José leveraged his previous experience and dove in.

Every property José acquires is part of a larger mission: helping his family build wealth, achieve stability, and access opportunities that will last for generations. Driven by purpose, José has quickly adapted to U.S. real estate and is achieving great results.

The Property

Four single-family houses in Houston and counting

One of the most common questions foreign investors ask is, “what U.S. market should I choose?

For José, the decision came down to three Texas markets. He ultimately settled on Houston because it was “the easiest place to get to with the shortest flight. In addition, the economy is thriving with ports, distribution centers, and growing infrastructure. With positive migration trends, it just feels like the safest bet.”

Unlike inexperienced investors who stop at selecting a broader market, José got granular. He focused on specific Houston neighborhoods, building relationships with local agents, property managers, and community members to understand each area’s dynamics. He evaluated the micro-level factors that affect long-term value: how families live, where people work, and what makes a neighborhood sustainable over time. “I get very niche,” he explained. “That’s how I make confident investment decisions.” Before making his first purchase and even to this day, José regularly drives 900 miles a week on his visits to Houston to really understand the market dynamics.

José’s focus was clear: single-family rentals that could provide reliable income while also building equity. Single-family homes in family-friendly neighborhoods offered the right balance of cash flow upside and high resale potential if he ever decided to sell. His first deal was a learning experience where he targeted a home in a medium-economy market, and management fees ate into cash flow that led him to break even. Still, it taught him valuable lessons about structuring deals and as he put it “I had to get started somewhere and begin learning.”

Today, José has four single-family homes forming the beginning of his nest egg, with plans to expand to his next deal in early 2026. “I’m playing the long game,” he said. “I want properties that perform now but also give my family a foundation to grow wealth for the future.” Each property represents not just rental income but experience, insight, and a carefully built foundation for the next step in his investment journey.

Read more: See more success stories here

The Challenge

Mitigating risk

José came to U.S. real estate with experience, but his biggest obstacle was not knowing the market. He knew that even the best investment could turn risky without careful due diligence, and navigating unfamiliar regulations added another layer of complexity. Before jumping in, he needed to address his biggest concerns:

  • Higher rates for foreign nationals: As an international investor, José faced different lending rates than U.S. citizens. And even between different lenders, options varied. He needed the best rates possible because, as he put it, “It’s a business after all.” Securing competitive financing was essential to making sure each property would remain profitable.
  • Due diligence and risk management: Every step required careful vetting. Not just of properties, but of lenders. José prioritized safety with upside, ensuring he wouldn’t run into legal trouble with U.S. authorities and that the source of funds he was borrowing was legitimate. To do so, he avoided lenders tied to Mexico and began searching for a U.S.-based lender with a reputation of transparency.
  • Defeating the fears of the ‘what ifs’: Investing in a new country brought plenty of unknowns. José worried about everything from the ins-and-outs of markets to compliance issues, but he was determined to mitigate risk wherever possible. Understanding the rules, the neighborhoods, and the people involved helped him feel confident moving forward.

After weighing countless options, José found a lender that matched his need for transparency, reliability, and security. With that foundation in place, he could focus on building his portfolio with confidence.

The Waltz Solution

After researching multiple lenders, he landed on Waltz. For José, working with Waltz transformed what could have been a stressful process into something surprisingly easy to follow.

  • DSCR financing: Many foreign nationals are confronted with problems when they apply for a loan and lack U.S. credentials like a credit score. When buying rental property, Waltz helps circumvent this by owning an LLC and using debt- service-coverage-ratio (DSCR) financing. It’s a special type of financing that allows investors to get loans based on the property’s income exceeding its debt meaning that it has positive cash flow. “My main metric for evaluating a deal is its DSCR, so this works hand-in-hand with Waltz’s underwriting process”José mentioned.
  • One platform for everything: At first, the Waltz platform and website “came as a shock to me,” he said. José was used to piecing together documents and email chains to complete loans, but after learning how to use the platform, he saw how much easier it made the process. “Once I got used to it, everything became incredibly efficient. Uploading documents was fast, communication was simple, and the process felt effortless. The app is fantastic, once you use it, you don’t want to let it go,” he shared.
  • Trustworthy lender: Coming from a country where due diligence and trust are essential to doing business, it was crucial that José work with a company with a strong reputation for doing what they say they’re going to do. He noted that “the process feels way safer with Waltz.” José further emphasized that everything was clear on the website and in his communications with the team. And when something wasn’t clear, it was quickly resolved so that he had all the answers needed to make an informed decision.

José summarized his experience with Waltz by saying “getting a loan was like magic.” With each new property, José keeps getting closer to his goal of retiring in the United States. Working with Waltz to buy more real estate is turning his dream into a reality. 

“Getting a loan was like magic.”
José, Real Estate Investor

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