Canadian wanting to buy in Florida

[Account Closed]

Hi,

I’m interested in buying a condo in Orlando for both personal use and short term rental, possibly long term. Need some direction where to start, please and thank you!

Cross border mortgage looks challenging, and other way?

[Giuseppe Pavone]

@Account Closed I was in your situation about 5-6 years ago.  At the time, after much research I kept getting back to Windsor Hills.  I had stayed there once, liked the community, loved the location, and although slightly older had a great track record for staying occupied and they took care of the property really well.  But that was then... not sure about now but as others mentioned above, you'll have LOTS of options depending on several factors.  We didn't end up buying and instead moved down to Florida (haha).

On the mortgage side, have you spoken to RBC or TD yet?  Both have a US presence (RBC virtually only and TD brick & mortar locations) and both offer mortgages to Canadians based on their Canadian credit history (RBC at least as I just looked into this recently).  I think you'll find those to be your best options (I did) but there are brokers down here who offer mortgages to foreign nationals, so they may be worth a looking into also.  Good luck!