I'm a recent transplant from Canada to the US.I remember looking at US properties as a Canadian, and one of the challenges I hit alot was financing; US institutions wanted to see US based W2 income and US credit history (assuming say a pretty straight forward conventional investor mortgage, not a commercial mortgage) that felt like a significant roadblock.One thing to note though is that some of the major Canadian banks (BMO, TD, RBC) have major US operations; and with those, comes the ability to secure financing based on your Canadian source income, and Canadian credit history.This is a phenomenal resource for most Canadians (albeit you're limited often to only one property purchase as part of these programs, and some will restrict it to "vacation/second home" only, no investor/rental).

I started in early 2009 as a CA transplant and have not looked back.

Good afternoon fellow financial freedom lovers and life livers! 

Do you want to live rent free or are you ok paying your "rent" into a mortgage.

Partime Critical Care Nurse for almost 20 years including research, organ transplant and Pharm.

By the time you look at all the extra fees alot o time the monthly payment is the same as a house.Many people rent out rooms to others allowing them to live rent free.

Property details:2bd/2ba, basement, 1 story, 1 car garage, 954 sqft, 3,600 sqft lot, original roof, roof leaks into the kitchen, tenant that pays $800.00 a month that has been there for the past 8years.No mortgage on the property, they own it free and clear, property taxes are current at $1,883.00Motivation: Sister has liver and kidney diseaseAnyone in BP can shoot me some advice?

You may not be able to live rent free, but you will be able to live there for: less than a SFH and less then the unit would rent out for.

I am looking to break into the world of home ownership very soon and have a few questions.I currently live rent free (woohoo) at my moms house on Long Island.

I've been burned by 2 - one of whom is a transplant from...