Investment Info:Single-family residence buy & hold investment.

PS also handles all billings/collections, and has a bunch of tools and service to deal with communication and resident/resident escalations, and has built an ecosystem of vendors in core markets to support pretty much anything you'd need.

If you live in a house for 2 of the previous 5 years its qualifies as a primary residence and $250-$500k of profit are excluded from tax if you sell.

Investment Info:Single-family residence fix & flip investment.

With that being said, it's a good idea to get an understanding of what kind of financing you will use and what you will qualify for, so you know what to expect in terms of leverage, rates and terms.

However, we aren’t W2 employees, all that income is from 1099 independent contractor work, which of course will limit what financing we can qualify for.

Because that is when residency is established in California.

You must have previous housing history and own a primary residence.

I chuckle these days when I have friends mention a Canadian "ghetto".The barrier to entry (housing prices) would be the biggest factor in my opinion and therefore you'd need significantly greater capital to get started compared to the US.I had done some personal research in the past regarding investing in the US as a Canadian and you could do it from both ends:Canadian using a Canadian bank to finance a US property (think retirees buying places in FL or AZCanadian using a Canadian based bank that now has a foothold in the US (ie, TD, RBC, even Scotia)Canadian using a US bank to qualify for a property - clearly more work and have to talk to the right places.I won't get into my opinions of the housing market back in Canada in general, but opportunities will present themselves at all times...I just think you'll spend a lot more time and energy having to pursue it and garner a significant amount of capital to get started.

I had checked with most of my local banks, big banks, and credit unions and they seem to all say that they only offer HELOC to primary residents.