All Forum Posts by: Edna N.

Hi! I'm a fellow Ontarian and closed on my first investment property in Buffalo a few months ago. The learning curve has been step but I have lots of tips for someone trying to do something similar! Feel free to connect.

Hi Edna, 

Sent you a connection request. I'd be willing to entertain partnerships here in the US. Perhaps we can chat more to see if we can be the right fit for each other.

Hi Maureen! ..another post with real valuable information. 👏🏿 👏🏿 👏🏿 Powerful, thank you. I have never heard of DSCR loan. Neither did i know of regions like the SE U.S.A. Many thanks for this information.

I'll connect with you for more information. I hope you don't mind.

Thank you.

 my contact info is here call any time I love chatting and sharing .

Hi Edna and Karen,

I have worked with several Canadian investors helping them buy US real estate. 

Edna~ I know you are looking to invest in cities closest to the Canadian border, however, I would encourage you to cast a wider net as you can find some excellent cash-flowing properties throughout the SE USA. Some turnkey operators are offering discounted DSCR loans requiring 30% down. The latest rates and terms I have seen are for rates in the mid 6% to 7% range. DM me for more details.

https://www.biggerpockets.com/users/karenc243

Karen~ I wanted to share the same info with you. If you are looking for a loan product without having to use your personal credit, then a DSCR loan option may be for you. Feel free to DM me and I can give you more info.

Wishing you ladies much success with your US investing journey. 

Cheers!

Hi 

We live in Canada and invest in the US. We have been working there for 5 years and do not pay double  taxes its  an easy problem to solve if you are structured right.

We invest in the Detroit / toledo areas  and would be more then willing to share what we have learnt over the years with anyone who wants to chat.

Biggest secret is to have a great team on the ground to take care of things for you since we are not there most of the time and to know how to run your numbers right

Hi Edna. I moved to the US from Canada. I had difficulty with moving enough money here to buy real estate. I also had to pay taxes in both countries. Also, I had no credit score here in the US, so it was difficult to get a loan. Do you know how to get around those challenges? I do know that real estate in Canada is super expensive.

@Edna Ndangam hi and welcome. I am a self-managing investor in Buffalo and frequently mentor newbies or out of area investors. Feel free to reach out at your convenience.

What I cannot emphasize enough is that Buffalo changes block by block and street by street very rapidly, and if you don’t perform your due diligence to understand the neighborhoods, you could find yourself making a very poor investment. You will certainly pay a premium for turnkey, but if your long-term goals are appreciation and stable yet modest growth, it is certainly advisable. I am much more into forced equity and getting into larger projects myself, but I live right here and have built an excellent team around me.

Please reach out if you want to chat.