First time investor. Buy in ontario or in the U.S.

[Jeffrey Reynolds]

Hi Everyone,

I am a 30 year old who has 100k saved up and want to use it for investing in real estate. I am happy with renting as I am not committed to staying in one location and I work remote. As you know Toronto prices are insane and I'm having a hard time justifying purchasing here with my entire savings. What is the repercussions of purchasing in somewhere like texas? I know there are additional taxes but I saw one person mentioned that you can get a foreign tax credit from the canadian government which can offset the cost. I also may move there in the long run. Is it better to look elsewhere or just bite the bullet here in ontario? Any other suggestions would be greatly appreciated