All Forum Posts by: Michael Tal

 As long as the income from the properties are essentially paying for the mortgage and additional profit, lenders usually don't have a problem with that especially if you have a 25% downpayment. 

Unless you're willing to rent a few rooms out in your personal home, rent.

The hassle of going to court is never worth it, especially over $700. Your lawyer fees will end up costing a lot more than that, meaning that even if you do end up winning the court claim, you're still down money. As much as it sucks to hear this, you're realistically better off returning their deposit money from a financial standpoint.

For a buy and hold investor, I always encourage people that conventional financing is the way to go. Simply due to the fact that when factoring in the opportunity cost, you'll soon realise that it's not worth it. Instead of a cash purchase on one single property, you could have down payments on 4-5 properties.