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Updated over 2 years ago, 08/02/2022
Canadian investing in Florida
Hello,
My family is in the process of moving to Florida from Canada.
We are planning to buy the first investment property (multi unit - house hacking).
If I am not mistaken, first, we need to get US credit cards with local banks to build credit scores. As far as I know, Canadian credit scores don't mean anything in the US and we need to start from zero. (My husband and I have both over 800 credit scores in Canada). I had done some research to get credit cards overseas using US resident's address, but I had decided not to go that route.
second, we will need to have W2 income jobs to show proof of employment. (not sure if it's 100% necessary as long as we have some cash in hand)
Is there any advice for foreigners to invest in the US..?