Quote:
Originally Posted by Hondaracer
Family friend of ours bought three testing labs in Cali at the height of the recession in 2008
He kept all employees of the labs and basically prevented 30+ people from getting laid off. He tried to apply for a mortgage in Orange County and they would not give him a dime even with 80% down
|
its a massive pain in the arse for mortgages in the US as a non-res. certainly possible, but it's a much better idea to use debt in canada to buy US (then at par... plus you make 35% on the US appreciation alone)