All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

Franky,You would use a Foreign National or DSCR loan for buying a property in the US while in Canada. 

Are you building or buying a turnkey primary?

Quote from @Bruce Woodruff: Quote from @Max Ferguson:Considering buying a property with (what seems to be) a well put together yet unpermitted ADU.

Tell the buyers if they want a house that is up to current code , buy a brand new one . 

Now you just need to raise funds to buy more of them.

"Buy the property, but date the rate!".

I hope everyone is well, I came here because I need expert advice from you guys, let me tell you my situation: I have a investment property that i purchased 2 years ago and is valued at 65k that does not have any mortgage and that is already paid off, I want to use that property to buy another one for down payment , the question here is: What is the best way to do it. a heloc or a cashout refinance and why. your response will be appreciated :)

It's not really that complicated to buy out of state.

I don't know the rental demand, or the demand for families buying single family homes in that area.