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Updated almost 6 years ago,

User Stats

58
Posts
21
Votes
Frank D.
  • Real Estate Investor
  • Toronto, Ontario
21
Votes |
58
Posts

Canadian Looking to Invest in your Neighbourhood....USA....

Frank D.
  • Real Estate Investor
  • Toronto, Ontario
Posted

Hello Everyone plenty of great information here...and lots of great advice so I have a question I need some opinions on...

I am currently  selling a 4 Plex and a 3 plex I own in Hamilton Ontario  Canada (Outrageous prices) I have owned these properties for 10 + years and have paid off the mortgages on both...

I have 2 offers coming within 24 hrs for a total of close to $1 Million CDN  after fees, commissions, lawyers, etc I will walk away with about 950k Cdn..

I want to start investing in states like Florida, Arizona, Vegas, Texas ....I want to take advantage of the 1031 Exchange and aggressively start expanding on doors using my capital...

Should I wait or is now a good time??  lots of talk of another correction happening ?? Opinions?? 

Your input is appreciated thank you ..

Frank 

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