Many Canadians have taking a closer look at homes in the warm climates of the US. Especially since they seemed to be the ones hardest hit by the Housing Market implosion.
Some buy to have a winter home, but more Canadians see homes in the southern US as Investments. Garnering good rental income either long or short term has us thinking about taking the plunge into US investing.
Just as any investment has risks the video provided explains some of the complexities of US ownership for Investment rather than personal use.
For those Canadians that are retired and have paid off their homes, Reverse Mortgages are a consideration. A reverse mortgage held against the Canadian home would allow purchase of a home in the US without making mortgage payments. Food for Thought!