I'm a Canadian in Canada and I want to do a retail flip project in the States.  

Loyalty to a single manufacturer in todays global economy is emotional rather than practical.Do not purchase the extended warranties on appliances as they do not pay off, they are a upsell scam on the part of retailers.

Hi All,Has anyone completed an investment property transaction in the USA that is a Canadian citizen?  

Our seasonal Canadian clients would ALL leave big orange Home Depot buckets full of water throughout their house.

His global history in construction, business development and communications, makes him a highly sought-after representative for sellers, buyers and investors alike.

I'll quote Canadian comedian Steve Smith as 'Red Green' again: "Did you ever notice that when the stuff hits the fan it tends to be distributed unevenly?"

<g>stephen------------Stephen:We were using the Delta Classic Monitor 14-Series (144913) in all our bathroom renovations, but Delta recently changed the showerhead from 1.5gpm to 2.0gpm {Note: I was told it was always 2.0 gpm in the U.S.A. and that the "Canadian" version is no longer}.  

My rationale for 3x cash flow or global debt coverage ratio as we like to call it in the banking world is based on not only paying for living expenses but within that 3 times expense model I've also considered the min amount of funds I'll need to have to feel comfortable funding my reserves, cap ex, fund my other ventures, and a cushion as well in order to keep growing a self sustaining machine that can scale purely off the "passive," cashflow in and of itself.So for those who need just 1x or till passive equals 9-5 that might work if you live below your means with your 9-5 but if not you may find yourself overwhelmed when the units need an over haul.

However, the fact that you (are implying) have additional supporting W2 income - likely from your day job - would be a supporting factor in from a global lending perspective.Good question.

An alternative thing to consider, if you both have strong incomes, you may want to determine if your borrowing ability (number of mortgages) would be greater if you purchased, and mortgages, properties individually (some in your name, some in your wife's name).Since you are thinking about this all upfront, this would be a good time to sit down with your wife and lay out a roadmap of your near, mid, and long term real estate goals and then meet with an accountant and attorney who specialize in real estate to determine what ownership structure best fits your initial needs and how/when you would move towards more structured (i.e. corporations or trusts) ownership and how to minimize your tax situation in the process.As part of your self-education, I would recommend picking up a copy of Steven Cohen and George Dube's "Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor" It will be a good primer on the subject.