All Forum Posts by: Steve B.

I've read that LLC's are not a good choice if you're a Canadian. I don't believe they are recognized in our treaty.

I've been told an LP is the way to go

Very cool story.

It's one thing to dream about doing this and it's quite another to put in the real work.

Awesome

 Yes.

I found a lender that would do 40% (RBC) which is the path I will go if all else fails but I'm always looking to improve my situation.

Hi,

Background: I'm a Canadian and my wife is American living in Canada since a young child. It's very difficult for me to get American financing as I'm not a citizen and don't have a SSN or EIN. I've bought US rentals with cash so far but I would like to use less of my money. 

Question: What would be the best way for my wife to get US financing? I've opened a US bank account but that's as far as I've gone. Should she apply for a EIN? Get credit? 

Thanks for any advise.

Steve

Hello BP,

I live in Vancouver Canada.

I'm looking to buy US turn key properties for long term rent. I have browsed the boards and it is almost too much information!

I'm looking to relationships with people who have done this, where I can draw on their knowledge and team. 

I plan on doing this for a long time so it would be mutually beneficial to any property management team. 

I have not decided where to invest yet so I am open to ideas. 

If anyone has any good books or ideas on where to start, I would love to hear it :)

Cheers

Steve