This is how I would categorize lenders with some basic limiting underwriting factors:Banks/credit units - long seasoning, GLOBAL DTI, rigid documentation, good/long-term ratesTier 1 private money (institutional private money) - Short seasoning, property DTI, rigid doc, good/long-term rates (not as low as banks)Tier 2 private money (institutional private money) - Short seasoning, NO DTI, asset based, moderate doc, higher long term ratesTier 3 private money (institutional private money - bridge term lending, typically interest only type loans for 12-24 months. 

I am a canadian investor investing in the Usa, I invest in Kansas city and I currently own 2 homes.

It's not in Canadian terminology -- or not in the East, at any rate.But working with a mortgage broker, because they're independent of any one institution, they will help get what's best for you.  

There are a handful of Canadians regularly active on the site and half-a-dozen from Québec (mostly the MTL area).  

Not sure about Canadian taxes, though.

Business has never faced the type of moral challenges that it faces in today’s global economy. 

My name is Adaeze Medani and I am a senior at the University of Washington studying Sociology and Global health.

Why do so many Canadian investors purchase int he states?

Don't follow his specific investment advise.Good point about the annual review.Btw, if Robert K is reading BP, here's some advice from Canadian funny guy Red Green: "When the stuff hits the fan, ever notice how it tends to be distributed unevenly."

As I mentioned in the first post, my interest is in knowing what other canadian investors are doing and how they're doing it.