Buy and Hold multi-family - Go  to your local bank for a pre-qualification then start looking for a property.

I also work a side business for about 1-2K a month that cant be counted for qualification since it started in Nov.

Some places I've applied for a job as a simple cashier turn me down because they say I'm over qualified while others say I don't possess the qualifications and/or experience.  

Guys, let's be honest. 90% of people don't end up doing it because they can't put together the capital and/or credit and no one will loan them the money to fund a deal.If it was easy, everyone would do it, profit would approach zero, and we'd all have to go find some other way to make money.Remember this when you're advocating hard for easier loan qualifications and no money down deals, etc... don't bite the entry barrier that feeds you.

In retrospect, I would have preferred to not claim these expenses against my income and simply pay the higher tax bill, than to get a tax deduction and reduce my mortgage qualification amount by a decent amount.  

.  You tentatively qualified, but the rental was given to another party with equal orbetter rental qualifications, or to another qualified party that applied earlier.  You needed to meet our conditions on rent, deposit, co-signer, use, or other.  You did not provide requested documentation in a timely manner.  Previous landlord/other references failed to provide needed timely information.  We were not able to hold the rental until the date you were able to pay the depositand/or initial rent, assume tenancy, or meet other stipulated conditions.  You did not meet requirements on pets, occupancy, smoking, cars, or other terms.  You did not meet our standards for references, income, felony, credit, history, etc.  Your application was denied based upon a written credit report with optional FICOscore; directions to receive a copy may be obtained by contacting us below.  Your consumer/credit report did not contain sufficient information.  You submitted an incomplete, inaccurate, unclear, or unsigned application.  You did not provide a phone number, call back, or return our calls or emails.  You did not submit the required screening fee.  Other_____________________________________________________________.Submitted Screening Fee:  Since your submitted fee was used in the processing of your application, we regretthat we are not able to return any back to you  Since your submitted fee was not used in the processing of your application, we arereturning/refunding your payment totaling $ _________________.Federal and State guidelines limit us from giving further details other than name, address,and phone number of any consumer reporting agency resulting in denial (by contacting usbelow for a free report copy with right to dispute).

Probably depends on how much money you have to buy with, as an actual buyer among other qualifications, not as a broker.

Just be aware that financing (qualification, terms and interest calculation) will be different here in Canada.

Interest rate varies from very low 4.25% (Local Bank $500k or less) to 9.25% depending on lender based qualification.

It may further make your qualifications look much worse if you send the money to the trusted party to loan back to you.The first time my friend did this she gave a regular check to her cousin and it hadn't cleared when the wire was needed for the purchase, luckily her cousin had enough in her account to cover the loan before the deposited funds were available.