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All Forum Posts by: Presh Dineshkumar

Presh Dineshkumar has started 2 posts and replied 6 times.

Post: Closed my first multifamily today!

Presh DineshkumarPosted
  • Pickering, Ontario
  • Posts 6
  • Votes 0

Great Job! 

Post: Is PRO membership just as good for Canadians?

Presh DineshkumarPosted
  • Pickering, Ontario
  • Posts 6
  • Votes 0

Thanks for the replies everyone. Really appreciate it. I've decided to get more educated prior to diving into Pro. 

Post: Is PRO membership just as good for Canadians?

Presh DineshkumarPosted
  • Pickering, Ontario
  • Posts 6
  • Votes 0

I have decided to upgrade to Pro, but I just wanted to know if PRO is still just as valuable for Canadians, specifically in Toronto. 

Thanks.

Post: Buying a property without mortgage from a bank

Presh DineshkumarPosted
  • Pickering, Ontario
  • Posts 6
  • Votes 0

That would be the plan. However I was wondering how investors with many properties manage to pull it off. Lets just say for an example, a real estate investor owns 10 properties, and they are all rented at $1000/month. In the case he doesn't have a tenant for one month in each of those 10 properties, is he covering the costs for 10k. How do they pull it off? 

Thank you again for the replies. I appreciate it. 

Post: Buying a property without mortgage from a bank

Presh DineshkumarPosted
  • Pickering, Ontario
  • Posts 6
  • Votes 0

Hey Eric, thanks for the quick reply. 

I am leaning towards buying and holding a property while renting it. Since I currently live with my parents and could manage the property myself. 

Will check out that link! 

Thanks again mate. 

Post: Buying a property without mortgage from a bank

Presh DineshkumarPosted
  • Pickering, Ontario
  • Posts 6
  • Votes 0

Hey everyone, I just recently developed the interest for Real Estate Investing and had some beginner questions. With my low-income being a student I wouldn't get approved for a decent mortgage from a bank, so my question is:

Who are the best lenders that would approve me for a mortgage? I am located in Toronto, Ontario. 

Any guidance would be greatly appreciated. As well as valuable books to dig into. 

Thank you.