I'm curious, for those of you who own investments in other areas/regions/states, how did you get started?

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You will be looking for a local to regional bank that keeps paper in house to service the loan.That small loan balance the mortgage brokers almost lose money trying to fund it.1,402 rent for 38,000 is incredible if it's accurate.

Unwinding your holdings quickly is also difficult.My advice is to buy 'value' based upon income, regional health, etc. and you'll do well over the long haul.Put a plan in place to sell or leverage your properties as you build excess equity.

Here the provincial association of apartment owners has negotiated discounts on home heating oil; insurance; tenant & credit verification services and with a few other regional suppliers.

I bet those ads are regionalized as well ... which may explain why I'm not seeing it.

Regional banks I have seen do 7 to 10 year fixed which is the ideal for just a few basis points more it's worth it to get a few more pay down years versus the five.

Homepath renovation for certain Fannie Mae loans, 203k loans, and sometimes there are regional specific programs that allow for financing your first flip, outside of cash-flowing the renovations yourself.

I am sure that a lot of it will be second nature, but at the same time there will be some unique aspects that I don't want to miss.Thanks,K

We'll be creating a new entity to handle the purchase and management of our Buffalo properties.Can anyone recommend a local or regional bank in the Buffalo area that might be friendly to Canadian real estate investors?