It s really interesting how current global trends would affect US RE market

“Windsor has a skilled work force, they have a new bridge, they have a lot of strength going and a lot of momentum in their direction.”The Skyline Apartment REIT owns 15,000 units in 48 communities across six Canadian provinces.

-Prepayment penalty for first 5 years (5% of principal balance in year one down to 1% in year 5)-Checking account with bank offering note, avg daily balance of $10k-Annual review of my Global Debt Service Coverage (GDSC) & Standalone debt-service-Rates are around 5.5% (FHLB +3.5), readjusting every 4yrsThe GDSC seems to state that if my income drops, they could call the note, which doesn't seem very sporting of them.

Anyone Canadian Investors doing wholesale deals in the USA ?

Demographic and lifestyle changes, more than economic factors, are driving down the ownership rate over the long term, Zell said yesterday at the Milken Institute Global Conference in Beverly Hills, California.

Here's a photo posted on Twitter of a meetup of BiggerPockets members in Seoul, Korea . . . very cool!

Would need to know global cash flow, your total net worth, and regenerating of capital per month with your job or business.

Basically, since you're coming from the US and don't have an established Canadian credit history, the first thing would be to figure out your qualification abilities and get pre-approved with a lender that will recognize your US credit history.

This is part of the risk involved, it isn't necessary to be expecting a global pandemic at any given moment.

I am so glad that despite the global issues that we are facing, you closed on an amazing deal.