New Member

[Sandra P.]

Hello my name is Sandra and I am so looking forward to investing in the US, I live in Canada and over the last few months the prices of real estate in the Us is quite attractive.
The Florida market has my attention as I am more familiar with Orlando and have a better understanding of that market.

My main goal will be to get deals under contract and either assign them or work with a JV partner to flip. I plan to start slow so I have been reading alot of articles on this site as well as talking to real estate agents, brokers and hard money lenders.

Being Canadian investor I have discovered during my conversations that lenders are very strict with "foreign nationals" so it looks like Hard Money lenders will be the source for me to start. Plus I will work with a lawyer who has experience closing deals for Canadian investors, there are certain caveats for us Canadians. For example you have a organization in the US called the IRS, which we do not have however we have one called Revenue Canada. As it turns out both want a piece of my small American pie (LOL). So that is just one aspect for me to consider and a few others as well.

Once I get started I will be reaching out to all of you for either your opinion, suggestion or offer you a deal. I wish you all continued success to both the seasoned investors and Newbies.

By the way I am only a novice to the US market, I have been investing in Toronto, for a number of years. The type of deals I have done include few flips, assignments of pre - construction condos, and buy and hold. So expanding to the US is a transition I am looking forward to.

[Bill Gulley]

Sandra, welcometo BP! There are several Canadians here I believe. Can't help you with your revenue office, but you might check an see if the money stays here what they do, they may just ding you for it as it crosses the boarder. Some planning is probably in order.....LOL
Good luck!