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Updated almost 5 years ago on .

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13
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1
Votes

Long distance Investing tps

Christian Cajina
Posted

This is something I would like to do in the future, possibly next year because i need to rebuild my reserves for my two properties that i acquired this year. I have only been to USA a handful of times and don't know much about the markets and different laws each state has. I know i need to research the location, the types of people ages and incomes, what is offered in the community as far as services and amenities.I would like to use the BRRR strategy for this property and am looking for a multifamily. Looking at the markets in the states is a little overwhelming as there is a lot more disparity between property prices and locations opposed to where i'm from in Canada. If anyone can give me some advice or point me in the right direction as far as some of the foreign fees and taxes and other costs I have to take in consideration when shopping across borders. Also what would you guys think of finding a good hard money lender to raise the capital for either purchasing or rehabing. Thanks in advance