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Updated over 8 years ago,
New member from Northern Ontario
Hi folks!
I have been lurking around BP for the last 6 months and figured it was about time to post something. I'm a newbie investor from Northern Ontario and first learned about BP about 6 months ago and devoured everything I could get my hands on! My spouse and I are interested buying and holding single families and small multi-families to supplement our full time incomes and build our way to financial independence.
I'm originally from Thunder Bay and am now residing in North Bay. So I am particularly interested in learning about investing outside of the Greater Toronto Area.
I am also very exicited as we just bought our first property (first time homeowners!!) as a house hack and will be closing in December. We are house hacking a duplex and have learned a ton so far. I figured after 6 months it was time to take some action and move forward with our plan and we are certainly jumping in with both feet! I want to write up something on our house hack as things are a bit is different in Canada than then States (i.e. downpayments - minimum of 5% down 1-2 units, >10% down for 3-4 units).
Looking forward to connecting and joining such a great community!