Hi, has anyone applied for a business line of credit with American Express? 

Most bookkeepers have minimums, which will lead to quotes like $6,000 per year (high but not out of the ordinary).

I use the data to target specific area and then send out direct mail those area.

@Christina Galdieri A 1031 exchange cannot be used for the sale of a business itself, as it only applies to the exchange of like-kind real property used for business or investment.

Also the ability to repay -  your source of income. 

Hi Derek,Based out of Surrey, BC and thinking of investing in the states as well.

It has two units, but the house is only a legal one family, looking to possibly purchase it and live in one of the units and rent out the other, one as a Airbnb or just as a regular rental would need to get some kind of financing to make this purchase by being only a legal one family a conventional mortgage I think would be out of the question.

@Chris ShonYes, a real estate accountant is worth what you pay them.

This means that if the bank forecloses, and you can’t pay it off, you will lose all of your money with no recourse to anyone.One option to secure your loan is if one of the partners has a free and clear property worth significantly more than your loan.

If it pays for itself, it provides you with a "free" place to live during the off-season.