How to Buy in Florida With an .80 Dollar
At Florida Home Finders of Canada we are always here to help our Canadian clients achieve their dreams of owning a home in the great state of Florida. Today's Newsletter centres on how to buy real estate in Florida despite the drop in our loonie. The chart below shows you a typical scenario of a new home community that FHFC represents where you could buy a new home or condominium with as little as 25% down and still earn positive cash flow. Try doing that in the GTA! Also, please read our 6 keys to successfully buying new homes or condominiums in Florida with an .80 Canadian dollar.
1.Financing new construction Lennar homes and condominiums with only 25% down. Thereby not having to convert all of your Canadian dollars to U.S. at this time. Fully open mortgages with very low interest rates with RBC Bank that can be paid off at anytime without penalty.
2. Earn U.S. dollars while renting out your home.
3. Your tenant pays off your mortgage.
4. Positive cash flow, even after financing !
5. Buying new construction homes at 50% off of former pricing.
6. Receive Fly & Buy credits exclusive to FHFC clients.
As you can see in the illustration above, with a down payment of $50,000, positive cash flow in U.S. Dollars is being earned after all expenses are accounted for. This is based on a year long tenant paying $1,700/month in rent plus their utilities.
Let Florida Home Finders of Canada be your first call if you are looking to purchase real estate in Florida. It is still a great time to buy in Florida. Let us help you capitalize on this fantastic opportunity to buy an amazing property in Florida, in a great location, at prices that have been discounted by up to 50% or more!
Please feel free to call us with any questions you may have. Thank You !