Hello BP, I am a Canadian citizen and US resident with over 2 years legal work history in the United States. I'm entering the third year of a 3 year work visa that is technically renewable indefinitely in 3 year increments. My wife has 3 more years on her visa, which is similar to mine but renewable in 5 year increments. In short, our long term residency and employment should be stable. I also have great credit on both sides of the border.
Im interested in pursuing RE investing, primarily in small multi family, say 2-10 units in affordable, cash flowing areas. Should I expect a lot of roadblocks and difficulties acquiring financing? Should I expect less favourable rates and terms due to my unique situation? Any information is greatly appreciated.
@Tye Lacey As long as your lender is familier with the guidelines of visa status there is not any difference in interest rate or other guidelines in your loan scenario.
Hi @Tye Lacey . All you have to do that is any different is provide your immigration information. The bank is going to want to see your passport, I-94, and visa. Everything else is the same.