Host Scott Dillingham discusses opportunities for real estate investors in Canada, the US, and Mexico, focusing on LendCity’s approach to finding cash-flowing deals. He highlights challenges in Canada’s residential market and shares strategies for leveraging new construction and commercial-style financing, particularly in Alberta. Key Points Market Challenges in Canada: Residential cash flow is tough in many Canadian markets (e.g., Ontario) due to rent control (e.g., 2.5% rent increase caps d...
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Host Scott Dillingham discusses opportunities for real estate investors in Canada, the US, and Mexico, focusing on LendCity’s approach to finding cash-flowing deals. He highlights challenges in Canada’s residential market and shares strategies for leveraging new construction and commercial-style financing, particularly in Alberta. Key Points Market Challenges in Canada: Residential cash flow is tough in many Canadian markets (e.g., Ontario) due to rent control (e.g., 2.5% rent increase caps d...
Send us a text Host Scott Dillingham discusses opportunities for real estate investors in Canada, the US, and Mexico, focusing on LendCity’s approach to finding cash-flowing deals. He highlights challenges in Canada’s residential market and shares strategies for leveraging new construction and commercial-style financing, particularly in Alberta. Key Points Market Challenges in Canada: Residential cash flow is tough in many Canadian markets (e.g., Ontario) due to rent control (e.g., 2.5% rent ...
Send us a text Host Scott Dillingham interviews Ming, President of Volition Properties, a Toronto real estate team specializing in investor-focused deals. Ming shares his journey from Kiyosaki-inspired investing to building a scalable portfolio, plus strategies for cash-flowing Toronto properties through risk management and tenant-targeted buys. Key Points Ming's Journey: Inspired by Rich Dad Poor Dad at 21; built 21 doors in Waterloo but found it non-passive. Networked via meetups, partnered...
Send us a text Host Scott Dillingham interviews Carlos Rodrigues, a Canadian investor who transitioned his portfolio to the US Midwest (focusing on Cleveland, Ohio). Carlos shares his story of overcoming Canadian financing challenges, discovering cash-flowing Section 8 properties, and now mentoring other Canadians through joint ventures, mentorship, and E2 visa support. Key Points Carlos's Origin Story: Struggled with Canadian financing despite strong income; a denied refinance pushed him to ...
Send us a text Financing US Real Estate for Canadians & Foreign InvestorsEpisode Summary David interviews Scott Dillingham of LendCity, a dual-licensed mortgage broker in Canada and the US, to discuss DSCR loans for Canadians and foreign investors buying US properties. They cover loan terms, refinancing strategies, and key tips for non-US residents. Key Points DSCR Loans Explained: Debt Service Coverage Ratio loans focus on a property’s rental income, not borrower’s income or credit. Idea...
Send us a text In this episode, Scott is joined by Jennifer Champion and Christine Traynor to discuss the critical advantages of working with experienced brokers who specialize in multi-family financing. The conversation highlights real-world examples of how the right expertise can save investors millions while avoiding costly mistakes that commonly occur when going direct to banks or working with inexperienced brokers. Key Insights & Takeaways Scott shares a compelling example of how bro...
Send us a text In this episode, Scott interviews Rhys Trenhaille, a commercial real estate specialist who focuses on working with investors in Windsor Essex County. Reese shares his unique journey from university track athlete to successful commercial real estate investor and agent, emphasizing the importance of working with professionals who practice what they preach. Key Insights & Takeaways The Power of Early Real Estate Education Reese's story demonstrates how early exposure to real e...
Send us a text In this episode, Scott is joined by Jennifer Champion and Christine Traynor to discuss value-add strategies for multi-family apartment buildings. The hosts share their active investing experience and explain how to force appreciation through strategic property improvements and rent optimization. Key Timestamps: [0:00] Introduction to Value-Add Multi-Family Investing Focus on forcing appreciation vs. just cashflowWhy controlling income and expenses matters in multifamilyPredicta...
Send us a text Welcome back to the Wisdom Lifestyle Money Show! In this episode, host Scott Dillingham introduces you to the core team dedicated to helping you achieve your commercial real estate investment goals. Meet Mike Peters, Jennifer Champion, and Christine Trainor, the experts behind the commercial mortgage arm, specializing in financing across Canada and expanding into the US. Learn about their individual backgrounds, areas of focus, and how their unique perspectives can benefit your...
Send us a text In this episode, Scott interviews Tom McCormick, a Canadian investor who successfully transitioned from investing in Windsor to flipping properties in Detroit. Tom shares his engineering background, initial property ventures, and how he navigated the challenges of cross-border investments. Key Timestamps: [0:00] Introduction and Guest Background - Tom's journey into real estate during COVID-19 - From automotive engineering to property investing - How his brother inspired his f...
Send us a text In this episode, Scott Dillingham interviews Carmen Da Silva, a CPA and cofounder of Share, who brings over two decades of cross-border tax and investment expertise to the discussion. Drawing from her journey from PricewaterhouseCoopers to managing a significant U.S. real estate portfolio and co-founding Share, Carmen shares comprehensive insights on tax strategies, investment structures, and wealth building approaches for Canadians investing in U.S. real estate. Her unique per...
Send us a text 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 ...
Send us a text In this episode, Scott Dillingham interviews Mark Racette from Pulse FX about saving money when conducting foreign exchange transactions for U.S. real estate investments. Drawing from over a decade of experience in international finance, Mark explains how investors can secure better exchange rates and reduce transaction costs compared to traditional banking options. Key Timestamps: [0:00] Market Overview - Political impacts - Economic indicators - Currency forecasts [4:...
Send us a text In this episode, Scott Dillingham interviews Dmitri Bourchtein from Share, discussing his journey from institutional real estate lending to managing over $1 billion in transactions and helping retail investors access U.S. real estate opportunities. Drawing from his extensive experience at one of Canada's largest private equity firms, Dmitri explains Share's comprehensive approach to property acquisition and management. Key Timestamps: [0:00] Professional Background - In...
Send us a text In this episode, Scott Dillingham addresses the issue of expensive real estate investing courses and coaching programs, introducing a free alternative called "Fire Your Boss" that covers comprehensive real estate investing education. Drawing from his team's expertise and industry professionals, Scott explains how investors can access quality education without paying thousands for questionable coaching programs. Key Timestamps: [0:00] Course Overview - Marketing vs exper...
Send us a text In this episode, Scott Dillingham reveals an innovative solution for foreign investors to obtain U.S. Employer Identification Numbers (EINs) in just two hours, dramatically reducing the typical 4-8 week waiting period for entity setup when purchasing U.S. real estate. Key Timestamps: [0:00] Background - Entity setup challenges - Importance of proper structure - Common investor roadblocks [4:30] Entity Benefits - Tax implications - Liability protection - Lender access [...
Send us a text In this episode, Scott Dillingham interviews real estate lawyer Milena Cardinal to discuss maximizing shareholder value through proper corporate structuring for real estate investments. Milena shares expertise on balancing legal, tax, and financing considerations when setting up investment entities. Key Timestamps: [0:00] Corporate Structure Basics - Shareholder agreements - Entity selection - Investor protection strategies [4:30] Multiple Structure Options - GPLP advan...
Send us a text In this episode, Scott Dillingham explains how investors can qualify for mortgages based on property cash flow rather than personal income through Debt Coverage Ratio (DCR) and Debt Service Coverage Ratio (DSCR) programs in Canada and the USA, providing alternatives to traditional qualification methods. Key Timestamps: [0:00] Traditional Qualification - Income requirements - Property limits - Equity lending issues [4:30] DCR/DSCR Programs - Cash flow qualification - Str...
Send us a text In this episode, Scott Dillingham shares insights from his presentation at a Wealth Genius event about the importance of building the right team for real estate investing success. Drawing from his experience managing a team of expert investor-focused mortgage agents, Scott explains why investors often make critical mistakes in choosing their professional partners and provides actionable strategies for building an effective investment team. Key Timestamps: [0:00] Team Bu...
Send us a text In this episode, Scott Dillingham interviews Andrew Kim from Share, discussing how his tech company helps Canadians invest in U.S. real estate through comprehensive asset management services. Andrew shares insights from his journey from Canadian real estate investor to U.S. tech entrepreneur, explaining how the challenges he faced led him to create a solution for other investors looking to build their portfolios across the border. Key Timestamps: [0:00] Introduction &am...
Send us a text In this episode, Scott Dillingham discusses why Canadians should consider investing in U.S. real estate, backed by statistical data and market trends. Key Timestamps: [0:00] Investment Trends - Canadian capital outflow - U.S. market attraction - Statistics Canada data [4:30] Investment Challenges in Canada - Landlord tribunal issues - Rent control limitations - Property sale restrictions [8:45] U.S. Market Advantages - Property affordability - Landlord-friendly regulati...
Host Scott Dillingham discusses opportunities for real estate investors in Canada, the US, and Mexico, focusing on LendCity’s approach to finding cash-flowing deals. He highlights challenges in Canada’s residential market and shares strategies for leveraging new construction and commercial-style financing, particularly in Alberta. Key Points Market Challenges in Canada: Residential cash flow is tough in many Canadian markets (e.g., Ontario) due to rent control (e.g., 2.5% rent increase caps d...
