The home value decreases are not as bad as I wrote country-wide, however BC and Ontario have taken a heavy hit as discussed and they represent over 50% of the population.

Hi guys, I am self employed with no proof of W2s, i make a living buying cars at dealer auctions and leaving them on a local used car lot on consignment, I have $30k liquid and around $90k tied up in my current vehicles, usually my  vehicle inventory is sub 11, I want to get into the real estate game but in my situation im guessing its hard to get a good deal in getting a loan, I am single, no debt or responsibilities , ideally i would like to start with a single family home but in the current market so high i would even consider condos/town homes.

In 2009, when I bought my first rental property in Virginia that gets heavy use (4-6 adults), I bought a used white ice maker fridge for $300, a used front load washer and dryer pair for $700, used otr microwave for $100 and kept the existing old white dishwasher, oven, furnace, ac, hwh.

Hi @Roberto Ramirez,Building to rent in this area is a very popular strategy right now with how heavy the rental demand is, and the relatively high return that you can see through this model.

If you want cash flow heavy look for that.

They do some heavy lifting - but they are very little interest in saving you money on your rental.  

Leveraging WLI as a place to store excess cash, generating better returns/dividends than a savings account, AND taking a loan out for ANOTHER investment vehicle WHILE retaining your accounts interest/dividends seems like an advantageous setup for someone with the capital and discipline to do so.

It is becoming more and move of an investment vehicle and whether it is a good strategy can be debated, but there are definitely people making good deals from this strategy in my opinion.

There's lots of factories/warehouses out there so heavy demand for rentals with the employment going on.

They make a civic look like an off road vehicle.