Real Estate Agent · Winnipeg MB, Canada · Member since 2021 · 109 posts · 34 votes
Hi Canadians! I was just wondering how many Canadians investors invest in their own country compared to how many invest long distance in the U.S? I know some Canadian investors like to stay country-side and invest only in Canadian cities as a matter of supporting their own country. On the other hand, I know a lot of investors who look to the U.S. as you can find cheaper properties with greater profits. It seems like Canada has plenty of foreign investors but not many local investors.
Hi Canadians! I was just wondering how many Canadians investors invest in their own country compared to how many invest long distance in the U.S? I know some Canadian investors like to stay country-side and invest only in Canadian cities as a matter of supporting their own country. On the other hand, I know a lot of investors who look to the U.S. as you can find cheaper properties with greater profits. It seems like Canada has plenty of foreign investors but not many local investors.
Hi Cody..Good question. Not sure on the Canadian side but as a dual citizen and having closed a few transactions for Canadian investors state side in Oregon this year, they were pretty amazed at how far their investment went here and how surprisingly strait-forward Foreign National lending is/was even without a SS#. Usually 25-30% down with attractive terms.