It can be used for a wide variety of properties and conditions, but you must occupy the property as your primary residence.  

The one thing we all agree about is investing in Real Estate beyond that we all widely differ based on our styles and modes of investing.

The one thing we all agree about is investing in Real Estate beyond that we all widely differ based on our styles and modes of investing.

And then of course, you add a "personal umbrella" over everything.The issue that I learned years ago after becoming a real estate investor and after spending months searching for the "right" coverage and company, is that this leaves your personal assets wide open due to you commingling "business" activities with personal, creates limitations in the way a liability claim may be adjusted and paid and also doesn't even save you money.  

North America- wide.

I ran it using a property I just had an appraisal on and it was a wide range and used property that isn't comparable.

They write loans nation wide.  

The cartway is often 24 to 32 feet wide. 

With my Buyer's Rep agreements, I am always very specific on the market areas I will help the client with...I will usually go down to the community level, but with some investors who have a wide geographic range, I will use counties.    

I do know of some private lenders who will loan to Canadians as well, so while cash is easy and widely accepted of course, there are some lending options out there.