All Forum Posts by: Nathan Wiebe

To buy property in the US.

I’m a US citizen/Canadian resident. Could I use the Canadian employment income stated on my 1040 as income verification at a bank or do they require a W-2?

What if I co-signed on the loan? Wouldn’t that reduce their risk as I would be on the hook for the mortgage as well? I’m a Canadian investor so it’s hard to get US bank financing with that good of terms. But I do have friends and family in the US.

Yes, mainly. I mean, could you do it for a flip?

Does anyone have any examples/stories of deals where they used someone else’s credit to get a mortgage? How would you suggest structuring that deal? Say the only thing they do is get the mortgage and you provide the downpayment/take care of everything else. What percentage of that deal is fair?

Thanks! I’m just spitballing ideas at this point.

Do they expect any sort of prepayment penalty (interest for the rest of the year, amortization period, etc)?

Can you refi a property after using seller financing to get better terms? Are seller’s ok with this? What’re people’s experience with this?

Hi everyone! I’m a Canadian investor who’s looking at the market in Waco, Tx and around the area to invest in. I’m looking for recommendations on some good connections in the area: realtors, property management, investors, etc.

Richard Major I’d be interested in hearing more about Waco what’s working for investors down there.