Canadian Ready To Buy Tampa / Orlando Up To $2M
Hello! I'm an experienced (20+ years) Canadian real estate investor that wants to broaden our portfolio with some US holdings. I've done a fair bit of research and like the Tampa / Orlando areas for our first multi-family US investment. I plan to fly down in the next 2 months.
I have 25% down and I'm pre-qualified with BMO Canada and I'm told that BMOHarris can handle the financing. Hopefully that will smooth out some of the financing wrinkles.
As a foreign buyer what specific challenges should I expect?
Can anyone shed any light on some potential pitfalls of investing in these areas?
Can anyone recommend a top multi-family agent?
Any advice from locals and investors would be greatly appreciated.
Many thanks in advance