My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

Hard Money Loan and HELOC on my own house.

I have experience handling this in Michigan with my short-term rental.

.🔹 Creative Financing – Traditional loans don’t always work for distressed properties.

A bank will not give you the $ as you have to show ability to repay the loan. 

Once the rehab was done I refinanced out of the private loan into a conventional loan as a primary residence.

Then you can immediately put a loan on. the free and clear property and pull that cash out to get close to what you need for the ADU. 

These are the key to getting a loan.  

Leverage your construction skills for flips, start with smaller projects to minimize risk, and consider house hacking or long-term rentals for a steady income.