🤔For me, each $800k of mortgages carried generates $3500/mo or $41,000/yr as an example.

I believe there are MUCH cheaper courses out there that provide better learning material at a higher value for whoever is interested in real estate investing.

my question is specific towards obtaining a mortgage in BC Canada. 

I have spoken to both a mortgage banker and a modular cabin company and explained our situation.

I put the first, largest mortgage in under the loan option in the BP calculator.

Keep in mind that your mortgage terms and insurance premiums will probably be less favorable in an LLC.

Are you vendor direct could be a lot cheaper on countertops, and could save you money..

Most banks allow you to export the full year of activity to excel.If you are not comfortable using excel - you should reach out to your accountant if he/she has a bookkeeper on staff and how much it would cost them to do your books.It may be cheaper overall for your accountant to do it if you just need the books to be done once a year instead of on a monthly basis.Furthermore, this saves you from having to pay for the software.

He's essentially lost $150K.Run the numbers if he was renting it for 5 years (minus mortgage, property taxes, repairs, etc). 

Hi Lenny,Probably I would wait until you have a steady income source to make it easier to get a mortgage.