DSCR experienced in US but hoping for hard money loan for Montreal (I'm dual citizen)

[Account Closed]

Hello. I have used hard money in the US for fix & flip and rental investments. I want to invest in a condo in Montreal, but have not had success finding a DSCR lender in Canada or an American hard money lender that will loan in Canada. I am currently based in TX, but I have dual Canadian citizenship. (Canada has a temporary moratorium on foreign investors purchasing property, but that will not affect me.) My credit score is excellent (above 800), and I have proof of funds for at least 25% down. My project in mind is a condo on Ile-des-Soeurs within walking distance to the REM station. The property permits long-term rentals of six months or longer. Can anyone point me in the direction of any lenders that might consider this deal? Thanks very much!

[Brandon Croucier]

I haven't heard of any US lenders lending out of the country as I would assume there to be a significant risk, a lack of recourse.

Best bet is to find a Canadian based lender, best of luck.