Can Canadians use Hard Money Lenders in the USA?

[Alireza Shayan]

Hi All,

Curious to know if a Canadian citizen, living in Canada - is able to utilize the services of a Hard Money Lender in the USA?

If I set up an LLC + US Bank account?

I have enough for a down payment on 2 properties but require additional funding to do a BRRRR project.

Thanks in advance!

[Johnson Yu]

Hey @Alireza Shayan,

Also a fellow Canadian living in Vancouver, BC here. I recently just went through this exact thing so be happy to chat more in details! 

But essentially, you'll want to have your entities, ITIN, EIN and your bank accounts set up in the US before you start putting offers on properties and asking HML to fund your deals. Some of these things take quite a bit of time so you'll have to jump on these! Let me know if you want me to connect you with someone in the US who have helped Canadians set this up!