Historically speaking CMHC loans have taken a very long time for the analysts to crunch their numbers and approve the loans but we are being told that this process may be quicker with the select flex program but we will see. 

We figured that would work best for us cause then we can make progress quicker.

So as a first-time flipper right now you are more likely to overpay for a dump, pay up 2x for materials, the job will take 2-3x longer than it should, and whatever money you are using will evaporate that much quicker.

Like most investors, I'm at that crossover stage where I'm afraid I can't afford outside help yet because it seems too expensive, but I know intellectually that it will help me to grow quicker.

I prefer to create more value by buying building with lots extra unfinished spaces or big dry walk out basement walk in attics, attached barns etc adding bedrooms increases cash flow quicker cheaper than extra bathrooms and adding entire apartments great too.

As you've found out now, solo agents these days can't do much from scratch and if you know that market, a team there would suit you well and get you up and running and doing business quicker.

Would rather hire a contractor and get it done quicker.

Have ample reserves for a rainy day, but those dollars are losing value quicker than cabins going under contract in the Smokies.

Now that we are in February and approaching the warmer spring months (both for temperature and demand), you should see the rentals get snatched up much quicker.

Hiring someone to do the turnover will likely be slightly more expensive, but should hopefully be a little quicker.