Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.

@Nick Belsky these guidelines are for US Citizen living abroad with income on 2255?

I'm originally from NY, now I live abroad permanently. I'm wondering how to best go about getting into real estate. My goal is within 5-10 years to be making a monthly profit that matches our household income (current...

First it was with Citizens insuarnec, now with Menatee insurance, before Citizens it was SLide insurance...He said Citizens changed my policy to Menatee.How come Citizens does not change policy on the house we live in?

Do you mean you are a US resident / citizen who invests in real estate abroad or are you a foreignor looking to invest in the US?

I see the importance of having a team to help you out, but I don't understand the portion about paying back the loan, how much I should have before investing, if there are anything different if I will be investing from another country as a citizen etc.

What is your US citizenship status, if any (I.e US Citizen, Permanent Resident Alien, Non Permanent Resident Alien)?

They don't pay the same taxes a citizen would pay.

If you're planning to buy in the US, there are programs for those that aren't US citizens.

Try Citizens bank if there is one by you