Yes, you bring home more each month but when you compare the amount you bring home versus how much you had to put in, the returns are typically significantly lower on your money when you pay all cash.

I am going to be lending to an investor on a single family home. 

Let’s just say a home was $150,000 in 2019.

Investing close to home allows you to gain hands-on experience, learn the ropes, and be more involved in the day-to-day.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

The units are all currently occupied right now, so we won't have to worry about the buyer's market right now haha.With the cash flow I will receive, it will be enough to take care of property taxes, insurance, and enough to save up for any emergiences with the unit that I will need to take care of, so no need to worry, I got you :)!

Just remember if you want to purchase another one you will need to refinance at an 80% LTV as you can only have one CMHC insured mortgage. 

@Son D. the borrower paid off the loan a few months ago. 

The buyer had the mobile home demolished. 

I currently own a 3/2 ranch home with about 100k in equity and have 100k in liquidity.