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

I work extensively with foreign nationals so happy to connect if you have any questions!

@Shawn Smith we've got several clients from Toronto and also Vancouver.So, we've got referrals for experienced tax attorneys, CPA's, etc. for Canadians and foreigner investors in general.What are you purchase criteria?

Quote from @Greg Miller: Quote from @Theresa Harris: BC is not very friendly to foreign buyers. 

I have never heard of them but it seems to be a lender offering foreign national loans?

Having lived there a year it is a foreign country and many things are different and culture etc plus you have the native peoples that own huge amounts of real estate and They dont pay income tax and they get food and gas for way cheaper etc etc..

Most foreigners, including investors, pay cash.

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

@Kezia Edmonson, it's all about the valuations as @Jon Taylor mentioned.In your 1031 exchange you must purchase at least as much investment property as you sold in order to defer all tax. 

@Mickey Petersen Like what @Alex Olson said, a 1031 exchange is a great way to diversify and further grow your RE portfolio.