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Updated almost 5 years ago on . Most recent reply
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First US mortgage for non-resident Canadians
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!