text: Home Buying: I am a Canadian who 'd like to buy a property near Disney's for investment and vacation purposes. I can get 50% & finance 50%. Any? - Trulia Voices
  I am a Canadian who 'd like to buy a property near Disney's for investment and vacation purposes. I can get 50% & finance 50%. Any?
  Asked by Henryn, Kissimmee, FL
  suggestion? Thanks! What considerations should I think of ? Insurance? Taxes? Area? Location?... Thanks.
  You don't indicate either your budget or your prefered style of housing - condo, townhouse, or single family pool home. Let's look at each.
  Regardless of the type of unit, success in the short term rental business depends on how much work the owner is willing to do marketing the property on the internet and taking direct bookings. If you are looking for truly turnkey in which you do no work at all, then your best bet is a single family pool home, with townhomes a distant second, and condos not worth much, if any, consideration.
  Condos - You are not going to find competitive finance terms on a condo. Of almost 1000 vacation condo sales int he past year, a grand total of 19 were purhcased with a new mortgage. You can probably find the odd hard money lender willing to finance 50 to 60% of the purchase for rates in excess of 10%.
  Townhomes - You might be able to find normal lenders for townhomes. Depends on the location. Of almost 600 sold in the past year about 100 had finance.
  Single Family - Shouldn't be a problem to find finance. Of almost 1400 sold in the past year almost 500 had finance.
  What else should you think of? Goodness, many of us could write a book on that. Try VillaDirect.com, they have an excellent on line presentation on what's involved.
  I can send you a full range of listings by email if you send me an email at: A1FloridaRealtor@aol.com
  Also tell me what kind of investment return you are looking for!
  Michael Ange…,
  Yes you should be able to get 50%- 70% finance. Insurance, Taxes are normal considerations for mortgage, the subject property is close to Disney and good for short term rental. Give me a call for more information at 9543099837 or email RealEstate@MichaelWoodOnline.Com
  Hello Henryn,
  Most banks give loans to foreign nationals with 35% down, you might be able to get less down with RBC banks here in florida. Kissimmee, Davenport, and Clermont would be good areas for you too look at. If you have any questions feel free to call or email me.
  icharif@remax.net
  407-479-8601
  Web Reference: http://listings.mfr.mlxchange.com
  Yes there are several menas I ahve gotten deals with my investors for what you are saying and even less outr of pocket. If you want some help I have several ideas and means for what you want. sens me an email and we can talk about it.
  yes financing is available for Canadians
  I have helped many and can give you tesimonials
  please e mail your phne number to alan@frontlinefloridarealty.com and I will call to help you.
  I do work closely with a number of banks that provide Foreign National Loans. If you are looking to rent it for a period and then use it fo a period during the year; then you would best get a property zoned for short term rental. I also have contacts with short term management companies that will help with getting it rented, looked after, etc.
  Please visit my website for some useful information and also you can search for properties. I would certainly like the opportunity to work with you and commit to providing you outstanding service.
  Cell: 407-744-1827
  Office: 407-846-4040 Ext 626
  Fax: 407-846-3407 / 321-445-6067
  Email: Imran@flhomeinone.com
  Website: http://www.flhomeinone.com
  Web Reference: http://www.flhomeinone.com
  I have a lender who works with Canadians if you need some referrals. I need to know purpose of homes, you want to rent to vacationers or just for your visits, you will need a pool unless it is a condo. You will also need short term rental areas. Some places in Kissimmee are closer to Disney thus easier rentals. Taxes are more for vacation homes vs. primary residences, I could send a few agents to talk to for insurance. Insurance will also be needed for the home. Let me know how I can help find a home for you. I live in the area, so I could show some great homes. What is your price range?
  Web Reference: http://www.OrlandoParadiseHomes.com
  Hi Henyrn,
  Yes, it's a great time to buy. I recommend buying in Kissimmee, there are great investment opportunities here. There are nice properties close to the Parks that may interest you. And, in today's economy you can rent short or long term and get a great positive cash flow, an investors's goal! Contact me, and we can discuss your options as well as draw out a plan for your investment opportunities.
  jameswilliamsiii@me.com
  There are lots of good deals right now. Checkout our investor site at http://CFLInvestmentHomes.com
  We'd be happy to assist you with your search.
  I am European, I'd like to buy a property in Florida. I have the 50% down payment..can I apply for a mortgage in the US for the remaining 50%?
  Hello, I'm a Canadian looking to buy an investment property
  Hi I am a Canadian Looking to buy in Phoneix for investment property, I am new to this and would like some experianced agent(s). Rental property