Here are my recommendations;MindsetThe Richest Man in Babylon - George S.

@George Allen if he's willing to do that and reduce the sale price by $36k that could save you a significant amount of money, considering the loan term is only 10 years.

There is HST payable since you will be an investor and no plan to move into the unit and there will be HST (13%) to pay on the profit you earn too.This really requires the help of an accountant that understand New Builds.I would recommend you connect with George Dube and Associates in Kitchener as they should know.Best wishes and if you decide to move ahead with a purchase please let me know as I may be able to help.Cheers!

Just got into the game of real estate bought a live in fixer upper by Prince George bc!

Does your realtor work in Catskill area /Lake George ?

@George Hernandez thanks George, I’ll check it out.

Originally posted by @George Munoz:I think Lender is trying to secure some points upfront and providing you lower interest so that you can get more cashflow. that's my assumption ... is it 5% annually or he is charging you 5 points upfront plus extras?

@George W.

I’m in the Prince George area

George, where a bunch of condos were for sale in the location we were staying.