Mortgage for a US resident, Canadian citizen
Hello BP, I am a Canadian citizen and US resident with over 2 years legal work history in the United States. I'm entering the third year of a 3 year work visa that is technically renewable indefinitely in 3 year increments. My wife has 3 more years on her visa, which is similar to mine but renewable in 5 year increments. In short, our long term residency and employment should be stable. I also have great credit on both sides of the border.
Im interested in pursuing RE investing, primarily in small multi family, say 2-10 units in affordable, cash flowing areas. Should I expect a lot of roadblocks and difficulties acquiring financing? Should I expect less favourable rates and terms due to my unique situation? Any information is greatly appreciated.