All Forum Posts by: Brian Rae
Brian Rae has started 2 posts and replied 4 times.
Post: Canadian Student Investing in the US

- Vancouver, BC
- Posts 4
- Votes 2
Post: Canadian Student Investing in the US

- Vancouver, BC
- Posts 4
- Votes 2
Hi everyone, I am pretty new here. I am a Canadian student looking to invest in a multi-family property in Fresno, CA.
My situation is that I have saved up some money for a down payment but, as a student, would not be able to qualify for a conventional mortgage. So I plan on partnering with someone who would be able to qualify to purchase a 2-to-8 unit property in Fresno, CA.
Basically, I could use some advice about investing in America as a Canadian citizen. Any thoughts? What would be the best way to structure the deal? Should I partner with an American or another Canadian? How do taxes work? Do I need to pay taxes twice? How does ownership without residential status work? Should I use a conventional or a commercial loan? Should I use a Canadian or American loan? Anything helps.
Thank you so much!
Post: Investing as a Full-Time Student. Could it work?

- Vancouver, BC
- Posts 4
- Votes 2
Thanks guys! I appreciate the encouragement.
@Antoine Martel, I'd love to chat about partnering on a deal. I'm actually really wanting to get a place in Fresno, CA to rent out. Not sure if you'd be interested in that?
Post: Investing as a Full-Time Student. Could it work?

- Vancouver, BC
- Posts 4
- Votes 2
Hi everyone,
First off, just have to say thank you to Brandon and Josh and all of you on BP that are so generous with your knowledge. I keep looking for the catch but it seems that there are just some really good people in this world and I love it. So thank you.
Here's my situation. I'm 21, living in Vancouver, BC (Canada) with my parents (no rent! :D), have been working part-time since I was 14 and in school and have invested all my money in mutual funds which have been great. In September I move to Victoria, BC where the median house price is $550k to finish off my BA degree. I will be in full-time studies for 12 months there. I've got about $50k saved up and might be able to get more through private lending from family. As I'll be studying full-time in an accelerated program (2 years worth in 1 year), I likely won't apply for a part-time job. Rather than spend $10,000 on rent during my stay, I am hoping to do a house hack.
Looking for any kind of wisdom about this. Could the numbers work? Are there other options?
Thanks in advance!
-
Brian