Here in the Maritimes we have not seen quite the meteoric flight of property prices you have in ON and AB, but then again, we have not seen any real increase in average family income in a generation.

My personal goal is to own between 20-30 SFH which I will eventually sell out of and use cash to buy a run down below 70% occupied multifamily in a B class area.

Depending on what you're looking for, you can get a "C" class type property that will rent for $750-$800 for mid to high $50k range and a "B" class that rents for $900-$1100 for $75-$85K.

I will do my best to explain this scenario related to the purchase, rehab, and refinance of a property I am pursuing.Purchasers A, B, and C are partnering to purchase and rehab a duplex (purchase price and rehab not to exceed $90,000 with e rehabilitation loan)Application breezed past initial underwriting as all partners have above 750 credit, stable income, low debt to income, etc.

Hey Kevin,Try some A/B testing: rural/urban Absentee owners.Actually C,D,E,F,G with different letters, then track your responses.

It is truly my pleasure to say a [b]Hello to you and I am pleased to get a follow-up from your end.

So many people are telling me that I can not use end buyer funds to close A/B part of deal - and I have to wait 24 hours after closing with HUD to resell property to end buyer.

I think you're saying that you did a wholesale where you closed the A-B with your own funds, fair enough, happens all the time.You also said that it CAN be done in your area with the end buyer's funds.

This is a 3BR 1.5 bungalow in a B class neighborhood.

That way they can never give me a BS excuse like "I mailed it already".