I am aware of the 25% tax Canada imposes on foreigners (it is on non resident Canadians as well).I was hoping to do buy & hold in the USA, but I was not aware of the 30% tax - that is not very nice :(Ideally I would love to finance and use some leverage, maybe 50% LTV or something... whatever it would take to get 'traditional' financing from a US bank or some type of US lender.If I setup a us company, is that considered somehow 'foreign' if the owner was not American like a foreign person or foreign company?

.- Property boasts 14 acre lake- 3/4 acre swimming area with platform and waterslide- Pavillion-Water and electric to 65 sites now --much room for additional sites-2 bath houses..one with showers4- bedroom farmhouse1- Country Style Retail storeCurrently operating 5 months/ present owners seeking approval for year round operation..Current owners feel that marketing outside the traditional campground guidelines -- organizations interested can still operate under campground status while implementing ( the buying organization ) its message/lifestyle...** Option 1-- Property could be bought with mineral rights ( property sits atop natural gas reserve...not yet developed...residual income once NYS approves ..Marcellus Shale Country...

Similar prices to Philly but you would be able to go traditional financing or Cash.

but also try smaller, local banks as they tend to be easier to work with.If you can't find a local, traditional lender, then try looking into alternative options.

Reason being, if you don't have enough liquid funds in any of your traditional IRAs to satisfy the RMD, part of the IRA owned property will need to be assigned in your name to satisfy the RMD. 

Use this to push the seller to carry the whole note for a time until you can re-position the property and get traditional financing on it. 

In the 6th year I will get a traditional mortgage for $600,000 to pay off the HELOC and make the 6th payment.

In the 6th year I will get a traditional mortgage for $600,000 to pay off the HELOC and make the 6th payment.

There is also a ceiling the number of conentional mortgages one person may hold.As a result of this, a second market of non-traditional lenders has developed, hard money, portfolio loans, etc.  

Found out a traditional IRA contribution would be 60% free for me this year, so I established and funded one in literally 2 minutes.