All Forum Posts by: Melanie Dupuis

Awesome @Chuck M.!

@Madeline Currie North Bay!!!!!!!!

@Chirag Rathod You do not need JV's in order to access additional funds. This is a common belief, that we struggled with when we first started! I think you need to learn how to access OPM and use those funds to solely ownr income properties. There are so many markets which have different outcomes such as cadhsflow, or appreciation. Happy to hear you have your PR! We have a lot of mentees that are able to purchase real estate without the PR, however you have an advantage having it!

@Chirag Rathod Happy to hear you are interested in reak estate! Do you have your PR? Also Are you open to other places than what you mentioned? I am always curious as to why people are interested in doing a JV? If you coul buy it on your own with other peoples money, would you rather that?

@Marci Matejcek are you still looking to invest in the US?

Thanks @Michal Liviatan Carpenter!!!

@Matei Iliescu This sounds like an awesome way of getting in to an asset with very little money down! We do this all the time, and the #1 most imprtant thing when using OPM or creative financing, is your EXIT strategy. We say it all the time, you need to exit a deal before you enter it. Basically what I am stressing here is, do you know how you will pay back this private money when the time comes?

Thanks @Austin Largusa!

@Elaine Lee If it's yur primary residence...I suggest do NOT put it in to a corporation.

@Elaine Lee Make sure your property is zoned for this use, or that the bylaw reflects this being allowed. Also speak with your insurance company. Make sure you are following building code and fire code. Look into the RTA, as this is a huge learning curve.