Canadian Private Lenders’ Podcast

Ep. 69 | Can Canadians Buy U.S. Property? Key Mortgage Strategies & Insights Revealed

• NEAL • Episode 69

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Are you a Canadian thinking about buying property in the U.S.? In this episode of the Canadian Private Lenders Podcast, Ryan MacNeil and Neal Andreino cover everything you need to know about securing a mortgage as a Canadian in the United States. With insights into the mortgage process, key financing strategies, and the challenges you might face, this episode is essential for anyone looking to explore cross-border property investment. From the complexities of down payments to tax implications and the risk of negative equity, the hosts provide practical advice and share real-world examples of Canadians successfully investing in U.S. real estate. Plus, they discuss the important role of private lending and the value of working with the right financial partners to make your dream of owning property in the U.S. a reality. 

Tune in to learn how to use Canadian assets, avoid costly mistakes, and gain a competitive edge in the U.S. property market.


Show notes:

0:53 - Ryan and Neal discuss Nova Scotia’s freezing winter weather this year.

2:27 - Neal shares insights into Toronto's pre-construction condo market crisis.

3:22 - Neal explains the financial fallout of abandoned condos and appraisal gaps.

6:22 - Ryan talks about the high supply of condos in the market.

7:56 - Neal explains how rising mortgage rates are affecting Canadian buyers.

9:29 - Ryan shares the challenges Canadian buyers face with U.S. mortgage rates.

12:24 - Neal emphasizes working with cross-border banks for mortgage financing.

15:53 - Ryan shares a case study of leveraging equity for U.S. property.

17:18 - Neal discusses the value of private lending options in the U.S. market.

19:32 - Ryan explains key tax and legal considerations for Canadians purchasing U.S. property.


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