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US Real Estate Investing from Canada: Step-by-Step Guide

Learn how Canadians can invest in US real estate with cross-border financing, no income verification, and hands-off property management.

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US Real Estate Investing from Canada: Step-by-Step Guide

I recently hosted a webinar titled “Step-by-Step Guide to Building Your Real Estate Empire in the US from Canada.” Joined by industry experts Kelly from MoneyCorp and Erwin from Share (SFR), we provided actionable insights for Canadians looking to expand into the US market. Drawing from our collective experience—spanning cross-border financing, currency exchange, and hands-off property management—this session demystified the process and highlighted opportunities that simply aren’t available domestically.

If you’re frustrated by Canada’s high entry costs, restrictive lending, and tenant protections, the US offers compelling alternatives: robust cash flow, scalable financing, and landlord-friendly states. In this article, I’ll recap the key takeaways, including real-world examples and audience questions. Whether you’re a first-time investor or scaling an existing portfolio, this blueprint can help you get started efficiently.

Financing Your US Investment: Accessible and Flexible Options

At LendCity, we specialize in US and Canadian mortgages for residential, commercial, land, and construction deals. As a dual-citizen broker, I coordinate transactions across borders to streamline your experience. A common question we hear is, “How challenging is US financing for Canadians?” The answer: It’s straightforward and far more accommodating than in Canada.

Key requirements and benefits include:

  • No Income Verification or Credit Score Needed Initially: Approvals are based on the property’s cash flow via cash-flow-based lending for foreign nationals. While a US credit score (built over time) can lower rates by 0.25-0.5%, it’s not required to begin.

  • Down Payments and Purchase Limits: Start with 25% down. There’s no cap on rental properties, unlike Canada’s debt ratio restrictions—lenders support unlimited scaling.

  • Application Essentials: Provide your passport (to confirm citizenship and avoid sanctions lists), entity documents (LLCs are used in 95% of cases for tax efficiency), and two months of bank statements for down payment verification. We scrutinize large deposits for source-of-funds compliance, though select lenders offer flexibility.

  • Closing Costs: Budget 4% of the purchase price, covering title services (equivalent to Canadian lawyers), broker fees (which can be rolled into the rate or paid upfront—recommended for long-term holds), underwriting, and origination. Fees are proportionally lower for larger loans ($1M+).

  • Current Rates and Structures: Expect 6.5-8% as of early 2026, with lower rates available for larger multifamily properties via buydowns. Opt for interest-only payments or 40-year amortizations to optimize cash flow. A major advantage: Loans become penalty-free after five years, unlike Canada’s fixed terms.

Search US mortgage records to research existing financing and ownership details on any property before submitting an offer.

Before you start shopping for properties, use our free DSCR Loan Calculator to estimate how much rental income you’ll need to qualify for specific loan amounts.

Our process is efficient: Schedule a complimentary strategy call via the link below to discuss your goals. Submit property details for personalized leverage and rate quotes—property-specific factors, like flood zones, can influence terms. Next, establish a US entity and bank account, partner with a trusted realtor (such as Share), and close seamlessly.

As investors ourselves, our team processes everything in-house to minimize fees and maximize options. We reward loyalty with reduced costs as your portfolio grows, and unlike many US brokers, we exclusively partner with foreign-buyer-friendly lenders.

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Currency fluctuations can erode profits, but Kelly from MoneyCorp—a global leader with $90 billion traded annually across 120 pairs—showed how to sidestep bank pitfalls. With offices in 11 countries and decades of regulatory compliance, MoneyCorp provides institutional-grade service tailored to real estate transactions.

Why choose a specialist over your bank?

  • Superior Exchange Rates: Banks add 2-5% margins to the interbank rate; MoneyCorp operates at under 1%. For a $400,000 US property, this could save thousands on your deal.

  • Fee Elimination: No international transfer charges. Use their Canadian accounts for domestic wires, then seamless USD delivery to title companies or your US bank.

  • Strategic Timing: Dedicated specialists monitor markets to target your ideal rate, using forward contracts (up to two years, 10% deposit) or pre-purchasing USD to hold. Repatriate rental income efficiently—starting at just $250 per transfer.

Account setup requires only ID and address proof. For Europe-bound investors, similar savings apply (e.g., CAD to EUR). Visit moneycorp.com for market updates and property guides. Contact Kelly directly for a consultation.

With DSCR loans starting at 25% down and no income verification required, the barrier to entry is lower than most Canadians expect — book a free strategy call with LendCity and we’ll walk you through the cross-border process.

Hands-Off Ownership: Streamlining Acquisition and Management with Share

Irwin from Share (SFR) demonstrated how technology and expertise can make US investing as simple as stock ownership. SFR’s “done-for-you” platform handles everything remotely, ideal for busy Canadians. Backed by a team with billions in managed assets—including CEO Andrew’s $10,000 monthly cash flow from 20 unseen properties—SFR focuses on single-family rentals (SFRs) for superior tenant stability and liquidity.

Why SFRs? They attract middle-income families seeking suburban quality, with potential yields varying by market in landlord-friendly red states (Texas, Arizona, Carolinas, Georgia, Missouri, Ohio). US markets dwarf Canada’s: The $2.4 trillion SFR sector exceeds our entire economy, drawing institutional capital like CPP’s $700 million Atlanta commitment.

DIY investing involves lengthy steps and risks; SFR streamlines:

  • Investor Profiling: Define your “buy box” for cash flow, Appreciation, or strategies like subject-to (assuming sellers’ low-rate mortgages with them as tenants).

  • Off-Market Sourcing: 90% of deals from wholesalers and builders; AI scrapes listings for matches.

  • Full-Service Execution: Entity/tax setup (via SHR’s cross-border accountant or LendCity), inspections, and closings—all coordinated. Learn more about Corporate Structure for Real Estate Investors in Canada. See all Mortgage Financing for Canadians in the U.S.A..

  • Ongoing Management: Institutional property managers (3,000+ homes each) via SHR’s portal. Digital bookkeeping included. Fees: $7,500 or 3% acquisition (higher of the two); 4-6% of rent monthly (tiered by portfolio size).

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Past performance does not guarantee future results. Always consult qualified professionals before making investment decisions.

Illustrative Case Studies:

  • Shane (Montreal Real Estate: Quebec’s Metropolis Investment Opportunities Investor): Started with $100,000; acquired a $90,000 Memphis SFR (strong yield post-$9,000 reno). Refinanced at $157,000 Appraisal, extracting $84,000 for a Kansas City property (9% yield), netting $10,000 cash back.

  • Derek (Ontario Resident): New-build in Little Rock, AR, for $176,000; rents at $1,425 (10% yield, 6% cap rate).

  • Terrace (Toronto Investor): Houston subject-to deal at $244,000; 3.9% assumed rate, $2,200 rent (5.1% cap), $12,000 prepaid.

Explore off-market listings and free resources at sharesfr.com, including a comprehensive US investment guide.

Insights from Audience Questions

Our Q&A addressed practical concerns:

  • Multifamily Financing: Available with no unit limits; start under 20 units experience-free. Loan-to-value improves with scale (doubling effect).

  • Proof of Funds: Accepts bank statements, investments, lines of credit, or even post-tax RRSPs.

  • Cash Flow Optimization: Use interest-only/40-year terms; conservative underwriting ensures viability.

  • Refinance Penalties: 5-4-3-2-1% step-down, open after five years; customizable open periods (slight rate premium).

  • Pre-Approvals: LendCity provides detailed letters and verbal confirmations for US realtors.

  • Canadian Mortgage Impact: Minimal with select lenders; we guide you to compliant options.

  • Flips: 75-80% purchase + 100% rehab financing on first deals; terms improve with experience.

For existing portfolios, SHR offers seamless onboarding.

Whether you’re eyeing a Memphis single-family rental or a multifamily in Cleveland, book a free strategy call with us to get a personalized rate quote and understand the full closing cost breakdown.

Take the Next Step Toward Your US Portfolio

The US market’s cash flow potential, combined with LendCity’s financing expertise, MoneyCorp’s exchange efficiency, and SHR’s management platform, creates a powerful ecosystem for Canadian investors. As your host and broker, I’m committed to guiding you through every stage—remotely and without the headaches.

Review the full webinar recording via the link sent to attendees, or book a strategy call today. Let’s discuss how to turn these insights into your first (or next) US acquisition. Contact me directly at LendCity for personalized advice.

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Frequently Asked Questions

Can Canadians get mortgages for US investment properties?
Yes, Canadians can obtain financing for US rental properties through specialized DSCR loans that don't require US credit history or income verification. These loans qualify based on the property's rental income potential, making them ideal for foreign investors. Down payments typically start at 25-30%, with interest rates ranging from 6.5-8% as of early 2026.
What is a DSCR loan and how does it work for foreign buyers?
A Debt Service Coverage Ratio (DSCR) loan evaluates whether a property's rental income can cover its monthly mortgage payments and expenses. The lender calculates the ratio by dividing the monthly rental income by total monthly debt service. A DSCR of 1.0 or higher indicates the property generates sufficient income to qualify for financing, regardless of the borrower's personal income or credit history.
Where are the best US markets for Canadian real estate investors?
Top markets include Phoenix (median home price around $420,000 with cap rates of 5-6%), Orlando ($400,000 median with 7-9% cap rates for short-term rentals) Canada to USA, and growing Sunbelt markets in Texas, Georgia, and the Carolinas. These areas offer strong job growth, population increases, and landlord-friendly regulations.
How much money do I need to start investing in US real estate?
Most investors can begin with approximately $80,000-$100,000 USD (roughly $100,000-$125,000 CAD). This covers the down payment (typically 25-30%), closing costs (approximately 4% of purchase price), and reserves. Some investors start with properties in the $100,000-$150,000 range, while others target higher-end markets up to $275,000.
What are the tax implications for Canadians owning US rental property?
Canadian investors must file US tax returns reporting rental income and can claim expenses against that income. The Foreign Investment in Real Property Tax Act (FIRPTA) imposes withholding requirements when selling US property. Working with a cross-border accountant who understands both Canadian and US tax law is essential to maximize deductions and ensure compliance in both countries.
Should I buy single-family homes or multifamily properties in the US?
Single-family homes typically offer better tenant quality, longer tenant retention, higher liquidity, and simpler financing for first-time US investors. Single-family rentals benefit from structural strengths including strong demand from families seeking more space Arbor Realty Trust than apartments provide. Multifamily properties may require demonstrated experience and larger loan amounts.
How do I handle currency exchange when buying US property?
Specialized currency exchange services like Money Corp typically offer exchange rates with margins under 1%, compared to banks that charge 2-5%. On a $400,000 property, this can save $10,000-$15,000 or more. These services also offer forward contracts to lock in rates, protecting against currency fluctuations during your transaction timeline.
Can I manage US rental properties from Canada?
Yes, many Canadian investors successfully manage US properties remotely using professional property management companies. Some investors work with asset management platforms that handle everything from acquisition to ongoing management, providing digital access to financial statements, documents, and property performance metrics without requiring in-person involvement.

Disclaimer: LendCity Mortgages is a licensed mortgage brokerage, and our team includes experienced real estate investors. While we are qualified to provide mortgage-related guidance, the broader financial, tax, and legal information in this article is provided for educational purposes only and does not constitute financial planning, tax, or legal advice. For matters outside mortgage financing, we recommend consulting a Chartered Professional Accountant (CPA), licensed financial planner, or qualified legal advisor.

LendCity

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LendCity

Published

December 17, 2025

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Key Terms in This Article
Appraisal Appreciation Cap Rate Cash Flow Closing Costs Credit Score DSCR DSCR Loan Firpta Property Management Down Payment LTV Coverage Ratio Leverage Multifamily Single Family Refinance Interest Rate Subject To Underwriting Rental Income Property Tax Real Estate Agent Asset Management STR

Hover over terms to see definitions, or visit our glossary for the full list.

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