All Forum Posts by: Hai Loc

Is there a lender finder for Canadians? I'm in a number of social groups for private lenders and have run into a lot of scams. If anyone has any recommendations on networks or networking tools, it would be greatly appreciated.

Why don't you try the bank you do banking with.. RBC CIBC.. love them.. RBC has commercial division and US.. if you still have struggles DM me

0 Votes

Ohio is a good choice.. Lots of agents from Columbus in here..

Too bad you need to eat the high conversion rate now. You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversion

When i started in 2012 it was like 1.05-1.07

0 Votes

Quote from @Jackie Lin:

@Cedric Ferrell appreciate the response. Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about. Thanks!

you need to dodge capital gains and foreign buyer tax.. you should consult a tax expert..

If I was in this situation I would just sell (not advice) and buy a cash flowing mobile home park in the midwest

1 Vote

Orange County, California

Quote from @Ricky Singh:

Makes sense Hai. Thanks for sharing your thoughts.

Are there any pockets in GTA or Niagara region where you are seeing value with high potential for long term appreciation?

After the appreciation we have been experiencing post 2022 and what we have been witnessing the last 2+ years its hard to pick a spot and be confident on appreciation. Many should be happy on a stabilized market more then anything

0 Votes

Toronto, Ontario

Columbus better then Cincy

I watched Columbus grow from 2014 onward. Construction on the 71 by the 270 in Grove City.. Owned trailer parks for almost a decade

2 Votes

Interesting How do I learn more?

1 Vote

Upstate New York, New York

Quote from @Clive Duncan:

I'm not sure if this forum is still active, but I'm looking to chat with a few real estate investors in Ontario who may be interested in raising funds by selling fractional shares of their property.

My co-founder and I are doing some market research so we need to talk to some folks to gather more insights before building this out.

If this interests you or someone you know, please reach out. Thanks!

Fractional Shares? is that even legal

I would be open to hear about it

0 Votes

Toronto, Ontario

Quote from @Ben F.:

@Hai Loc

What do you specialize in Hai?

Are you an investor yourself

Industrial and development

0 Votes

Toronto, Ontario

Quote from @Simon Girmay:

Hi Everyone,

New to investing as I don't have any properties under my belt yet, but the goal is to have something by the middle of 2025. I've done a lot of research into this and believe this is for me, but am getting some roadblocks when it comes to funding requirements and my buy box not aligning. Does anyone have any experience as a foreigner investing in the US, or can anyone connect me with someone. I would greatly appreciate it.

Thanks,

There are lenders out there either with low LTV or high fees pick your poison

0 Votes

Toronto, Ontario

All Forum Posts by: Hai Loc

Hai Loc has started 56 posts and replied 2177 times.

Post: Trumps new foreign investment policy

Post: Canadian Lender Finder?

Post: From Canada to Cleveland

Post: Owning Real Estate in Vancouver as a US Citizen

Post: Long term buy and hold opportunities near Toronto, Niagara Falls

Post: Canadian Wanting To Invest In The US Market, Is Ohio The Right Fit?

Post: The Rise of Industrial Real Estate: Why Rochester Is a Goldmine

Post: Creative Financing in Canada (Ontario)

Post: Looking for Commercial DSCR Lenders Ontario Canada

Post: Canadian Looking to Invest in US Real Estate