On their city website it states:"One owner can obtain an STRL for up to two (2) separate properties.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain. 

Some Canadian banks have international lending divisions that may be able to assist you in obtaining financing for US properties.

The kitchen offers sleek stainless steel appliances, a spacious kitchen island complete with seating, a large pantry, and an adjacent dining area that provides plenty of space for entertaining.

However, I have asked them to obtain renter's insurance with $500,000 in liability coverage.

Whenever someone has a situation requiring specialized real estate expertise and I recommend they retain a professional with the CRE designation as a consultant, they inevitably ignore my advice and instead hope to obtain “free” consultation.  

For example, in Florida, a mortgage is no longer a lien on real property 5 years from the date of maturity, if the date can be ascertained from the face of the mortgage or 20 years from its recording if it can't.In any case, I suspect you'll probably need to pay the lien off and obtain and record a release of the CIT DOT if you want to get a new loan.

You can reinvest those savings at way higher than appreciation.So buying in cash or obtaining a mortgage are both out of the question for the more passive investor. 

You can obtain cash out refinances on CRE.  

Hey Jennifer, The only other way that you can tap into the equity from another property to purchase a new one, without having to refinance or obtain a HELOC is through a cross collateral loan.