One of the key challenges I’m facing is understanding the financing options available to someone without Canadian residency or a local credit history.From my research, it seems that a 35% down payment is often required, with interest rates around 7.5-8.5% for non-residents.

Hey @Aaron Price, I think the best way you can get started in real estate is to reach out to local investor-friendly agents in your market.

Look up your local laws on how much notice you have to give to to end tenancy and then give them that notice.

In my experience, success in D-class areas almost always requires being local, extremely hands-on, and self-managing.

They often have different vendors introduce themselves so you can build your team and they often have a local member do a case study on one of their properties to share the ins, outs, ups, and downs of the investment.

I’m also an active member of the local landlord association in Joliet (JRLA), which has been a great resource for networking and education.

David you mentioned the use of 1031 exchanges recently in the local market.

Start by getting familiar with your local market.

They will see a large pipeline of local deals, and they will buy some as rentals, flip others, and flip the contract (wholesale) a handful where it makes sense.

I have attended local meetups so that I can have a handful of experienced folks who have resources to share.