Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
First-Time Home Buyer
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

3
Posts
1
Votes
Milo Williams
  • Real Estate Agent
  • Mississauga, ON
1
Votes |
3
Posts

Buying in Canada or U.S.

Milo Williams
  • Real Estate Agent
  • Mississauga, ON
Posted

Hey everyone,

I am currently looking to buy my first real estate investment property. However, I live in one of the most expensive cities, Mississauga Ontario (just outside Toronto). I see that Condo/apartment buildings in the states can sell for the same or a lower price than a single home in Toronto would. 

So this leads me to my question, should I even look for deals here, or should I buy my first property in the states? I want to purchase the house with little to no money down and it seems extremely hard to do when my downpayment would be $225,000+ (on top of this being my first transaction with little trust from lenders). 

I seem to be ready in every aspect to make the leap into my first property, asides from this aspect of having to find a lender loan $225K. In the states, I could find a home for $225k.

Any help or comments would be extremely appreciated!

Thanks, @Miloxwilliams

Loading replies...