One of the key challenges I’m facing is understanding the financing options available to someone without Canadian residency or a local credit history.From my research, it seems that a 35% down payment is often required, with interest rates around 7.5-8.5% for non-residents.

I’ve considered the following options:1.

@Louis Hamilton,If a HELOC doesn’t work, you might consider these options:1.

Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1). I am interested in buying a long-term turnkey property in a nice area...

What's better for heating gas or electric? Building a cabin in a tourist destination that does not have easy access to gas or electric.So I will need to run electric line anyway and considering installing underground ...

I don't see it as an issue but many still do, at least in my small town where the majority of renters are elderly people looking for low maintenance housing options.

Hadn't thought of the Murphy bed option.

I have heard about doing deals with little to no cash down but I'm skeptical about whether creative financing options are truly viable.

There are better options that don't have minimums.

Ideally, the best option from a financial point of view would be to go through a local community bank.