Get a nice downpayment (lower LTV better)Hope this helps

Value add is the entry point of any property. 

his is a buy/hold property as an entry into multifamily.

A duplex strategy is a low-risk entry, saving on living expenses.

If you are borrowing $150k, rates will not likely drop enough for you to justify a refinance due to lower rates.

I really wanted to try finding a duplex that i could immediately rent out the lower half rather then buy a SFH and have a higher mortgage overallHow did you find this deal and how did you negotiate it?

Real Estate Investment in Canada has, in recent years, been strained in terms of affordability, and other rules creating an additional barrier of entry; especially for foreign buyer.Although I am investor in Ontario and Quebec, I'm not a lawyer, nor an accountant, nor an immigration consultant, so make sure you consult with the appropriate expert for accurate information.

Instead of 40 houses cash flowing $200 each or $8000/month, you buy 10 houses and pay them off for a cash flow of $10,000/month with 1/4th the headache.People don't understand the amount of time, energy, and stress involved with managing a lot of doors, especially if they are lower-class properties typically needed to generate cash flow.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?