Since interest rates are now higher than the mortgage on your current home, you'll want to calculate that monthly difference.SIMPLIFIED Example: current house mortgage interest rate is 3%, balance $250k.

Looking forward to connecting and celebrating those wins with you as you progress in your journey!

Now, you need to figure out how to find deals and pay for them.

You'll want to focus on securing a favorable financing deal at the refinance stage—ideally, you want to pull out as much of your initial investment as possible while keeping monthly payments manageable.A big consideration is understanding your after-repair value (ARV) and ensuring the rehab costs add value in proportion to that.

So far, we have shortlisted Columbus, Orlando, Indiana, Vegas and Rochester.we live in Toronto and we really would like to connect with people like us who already started their journey to know about their experiences and insights of investing in the US! 

Wishing you great success on your journey!

However, the journey has been anything but smooth, and we are now at a critical crossroads.Despite securing approval for our 42 townhouses, the soaring construction costs have made the project financially unfeasible.

Wishing you the best on your investing journey!

Prices are high, regulations favor tenants, and finding deals that truly pencil out can feel like looking for a needle in a haystack.

We look forward to helping you continue your REI journey in the future!