Fernando Gigiiotti
Bank Statement HELOC for non U.S. citizen
17 April 2024 | 5 replies
Second problem is we are Canadian citizens, staying down in the US fir 6 months per year, so no credit score down here or SSN.
Eamon Fitzpatrick
Cross Border Investing
15 April 2024 | 1 reply
I'm bit stuck trying to figure out the legal ways to go about doing this as I am Canadian and am looking to invest in American markets.
Bonnie Low
Background checks for foreign students
15 April 2024 | 7 replies
There's no way to run a "global check".
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
If only I could get a dollar $ for every time an investor asked me that question.You see guys, it's quite simple.Since our price points are super low (Only $60,000 - $80,000).Most of our investors have more then enough cash to purchase quite a few homes fairly quickly.Thus, we don't have a need to wait for 6-8 weeks to hopefully get the deal across the line via financing.To be honest, we also hate working with lenders and appraisers.Most of them drag their feet and appraisers are super conservative these days due to the Fannie Mae guidelines that were introduced after the fiasco of the Global Financial Crisis.So they are known to intentionally use foreclosed comparable sales to under-appraise properties just to protect their own A$$.This isn't genuine and I've always believed that if you can't fix something or make it better.You need to eliminate it.That's why we have eliminated all financing when buying through our company.I'm sorry.Now, for all of you thinking that you are getting a turnkey property as a "safer" investment for "fair value" just because the turnkey provider offers financing.Think again.After being in real estate for 10+ years and buying/selling over 500 properties world wide.I have seen all of the dirty tricks.An easy one is to influence the appraiser by smudging their eyes with supposed work performed on a house that never really was.Like a "converted attic", "newly installed HVAC", or a "rehabbed garage", etc...Most are too lazy to check these items and will just mark them on the sheet as "done".All of these items would unjustifiably increase a properties value in the thousands if not tens of thousands of dollars.At the end of the day, there are always going to be bad apples no matter what.Your job is to find the good ones.No matter how you decide to invest (With cash or financing).Find the right team and you will do well.Find the wrong one and it will end in disaster.I wish you all much success and thanks for reading.ps.
Jordan Couchman
Canadian Looking for US Cross Boarder Accountant
12 April 2024 | 1 reply
Canadian looking to start buying property in the States by the end of summer 2024.
Daniel Lozowy
Most effective way to reach to property owners
14 April 2024 | 28 replies
I'm also looking to start Investing in the Canadian Real Estate Market.
San Eng
Looking to invest in mortgage fund
11 April 2024 | 8 replies
Hi, we have a small family fund investing in Canadian mortgage funds (like a fund of funds) that already put capital in 6 managers.
Sanjeev Advani
Navigating the Stable Seas of the Real Estate Market: Opportunities for Investors
11 April 2024 | 0 replies
Many anticipated a downturn or even a crash due to factors like rising interest rates and global economic pressures.
Ugo O.
Cross-border Attorney referrals and advice
9 April 2024 | 0 replies
I am a Canadian looking to invest in the USA market and I need referrals to solid Cross-border attorneys and accountants.I would also love to hear from other Canadians who invest in the US market.
Louie E.
Canadian Furnished Finder
9 April 2024 | 1 reply
What is the best equivalent of Furnished Finder in Canada?