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Updated almost 5 years ago on . Most recent reply

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Michael Lyons
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First US mortgage for non-resident Canadians

Michael Lyons
Posted

Hi all,

I am an International teacher, and I am also a non resident of Canada. As such, I don't pay taxes in Canada. 
 I am interested in using real estate to generate passive income, specifically in the Florida state area.  The most challenging aspect of this right now is how I would find financing for my first property.  I'm not sure how I would go about getting a US mortgage for Canadians, when I have the extra complication of not even being a resident there.  However, I do have a very good credit score in Canada.

I was just wondering if anybody has had a similar experience, or know somebody who has, but I would greatly appreciate any advice/insight into where I would begin this journey.  

Cheers!

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