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All Forum Posts by: Curtis Sharpe

Curtis Sharpe has started 16 posts and replied 45 times.

Post: Single family home or duplex ?

Curtis SharpePosted
  • Rental Property Investor
  • Montreal, QC
  • Posts 47
  • Votes 3
@Emma Pace thanks I will look into it more appreciate the advice

Post: Single family home or duplex ?

Curtis SharpePosted
  • Rental Property Investor
  • Montreal, QC
  • Posts 47
  • Votes 3
@Matt Faix thanks I'll look into it more

Post: Single family home or duplex ?

Curtis SharpePosted
  • Rental Property Investor
  • Montreal, QC
  • Posts 47
  • Votes 3
Hey guys I'm having a hard time choosing weather or not to buy a single family home or a duplex for my first investment property, my problem is I have like 130k saved so I'm skeptical about buying a duplex because the 20% down payment would be close to 80k where as if I stick with a single family home I could probably put a down payment on three or four properties with room for renovations and errors if need be, my girlfriend wants to steer towards the hack house strategy and get a duplex I'm just worried that would eat up most of my finances for other future properties. What would you do ? Please help.

Post: Buying my first property under a corporation

Curtis SharpePosted
  • Rental Property Investor
  • Montreal, QC
  • Posts 47
  • Votes 3
@Chris Seveney thanks I appreciate it

Post: Buying my first property under a corporation

Curtis SharpePosted
  • Rental Property Investor
  • Montreal, QC
  • Posts 47
  • Votes 3
Hey everyone I am new to Canadian real estate investing and have been told to buy my first property using a corporation however I've also heard that some banks won't allow you to close or purchase an investment property with a new corporation without personally guaranteeing it, should I just buy a property in my own name and later create a holding corporation?