← Both options
R&P International · Proposal · Two positions
USD 250,000 · one debt position in Mexico, one equity position in Texas
Two instruments that earn money in different ways and come back at different times. The debt position pays a quarterly coupon backed by a finished residence; the equity position earns a build margin in the strongest job-growth metro in the country. Two currencies, two cycles, two independent contracts.
Position 1 · Debt · Todos Santos, BCS, Mexico
ALTA VISTA
Loan to the project company for Phase 1 construction, secured on a finished residence. Documented in MXN.
$150k
Ticket · MXN 2,550,000 at 17
10%
p.a., paid quarterly
funded by an interest reserve
MXN 63,750
Every quarter · 8 coupons
principal MXN 2,550,000 at month 24
2.32×
Collateral coverage
on principal
| Security | Finished one-bedroom residence, USD 347,500 median (MLS BCS). First lien; if a bank facility is drawn, preferred shares with a pledge |
| Seniority | After the construction facility, ahead of all equity |
| Term | 24 months · quarterly interest from an interest reserve held in a segregated account · principal at maturity |
| Contract | Loan agreement with FINPEI MÉXICO, S.A.P.I. de C.V., owner of land and project |
| Reference | inversion.altavista.realestate/deuda.html · key altavista2026 |
Position 2 · Equity · Katy, Fort Bend County, Texas
Katy Boardwalk
18-home phase with Autograph Homes. Lots finished and owned; equity is 6% of the capital stack.
$100k
Ticket · 7.4% of LP equity
1.69×
Equity multiple
at LP level
USD 169,000
Target distribution
over a 2.2-year hold
| Per home | Sale $731,544 · direct cost $522,764 · gross margin 28.5% · closings at 109% of underwriting |
| Operator | Autograph Homes · 35+ years, 30,000+ homes (ex McGuyer / Empire) |
| Term | ~2.2 years · 4–6 months to build, most homes close within 45 days |
| Contract | Equity subscription in the project vehicle, in USD. R&P introduces; the investor subscribes directly with the issuer |
| Reference | package.rp-international.co/deck · Position 1 |
The package · $250,000
60% · ALTA VISTA debt · MXN40% · Katy Boardwalk equity · USD
Month 24
ALTA VISTA returns principal MXN 2,550,000 — after 8 quarterly coupons of MXN 63,750
~Month 26
Katy Boardwalk distributes USD 169,000 target, as homes close
Two contracts
Neither position depends on the other. Different currency, different buyer, different cycle
What the investor signs
| ALTA VISTA | Loan agreement in MXN with the project company. Wire to the project account in Mexico; receipt the same day; interest every quarter, principal at month 24. |
| Katy Boardwalk | Subscription documents of the Autograph Homes project vehicle, in USD. R&P International introduces and accompanies; the investor subscribes directly with the issuer. |