Profiting in U.S. Real Estate from Canada With Derek Wormsbecker

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In this episode, Scott Dillingham interviews Derek Wormsbecker, a mortgage agent and investor who shares his experience transitioning from Canadian to U.S. real estate investing. Having sold his Canadian property, Derek describes his journey finding and purchasing a new construction home in Arkansas through Share, highlighting the advantages of U.S. real estate investment.

Key Timestamps:
[0:00] Investment Journey
- Starting in Canadian real estate
- Transition to U.S. markets
- Share partnership experience

[4:30] U.S. Investment Benefits
- Lower entry costs
- Landlord-friendly laws
- Currency advantages
- Market opportunities

[8:45] Market Analysis
- State selection criteria
- Property considerations
- Market fundamentals
- Growth indicators

[12:30] Mortgage Process
- Property-based qualification
- Documentation requirements
- Lender accessibility
- Foreign national programs

Key Points:
1. Investment Strategy
- Market research importance
- Property selection
- Team building
- Exit planning

2. Market Benefits
- New construction options
- Property management
- Tenant regulations
- Cash flow potential

3. Financing Options
- Foreign national programs
- Multiple lender access
- Streamlined qualification
- Expert guidance

Contact Information:
Book a call with Derek
Dereks Website

Important Tips:
- Research market fundamentals
- Consider property size
- Review loan requirements
- Evaluate state regulations
- Verify growth indicators

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1. Introduction to Cross-Border Investing (00:00:00)

2. The Journey Begins: From Canada to the U.S. (00:02:55)

3. Navigating the U.S. Real Estate Market (00:06:27)

4. Advantages of Investing in the U.S. (00:10:01)

5. Exploring New Opportunities in U.S. States (00:15:02)

6. Understanding U.S. Mortgage Financing for Canadians (00:19:37)