I think this might be a low point because the Canadian government is trying to pump the housing market before the election next year by lowering rates, relaxing mortgage insurance conditions etc.Yes they have been putting in all these measures to prop up the housing market as they see the pending implosion writing on the wall. 

Just some food for thought.Typically from my experience, a lender that is willing to do a "blanket" style loan, lends from their own portfolio.

When you write a book, let me know! 

What I think is that the mileage and meals would become business costs to write off tax.\2.

But, as you pointed out, the product is money, and keeping the conversation focused on the exchange of value is key for others.It’s all about knowing your audience, and it sounds like your no-nonsense style has been incredibly effective. 

Has me stumped and wondering what to do next, especially because I can’t find it in writing showing me it’s not allowed. 

There was an issue with them and I am still waiting for that to resolve - but it’s in the works.The state where the relinquished property was, as of this writing, still has not recorded the deed - 2 months now after closing the county is dragging this out. 

@Tejas ParuthooliI can answer your question by telling you a story at what points in my life I was developing the software and I asked my attorney if he could write terms of use his response was brilliant he said the best terms of use policy is that microsoft.com they have the largest law firm in the world at that point it was simply copy and paste.I can understand paying an attorney to drop your first LLC but after your first one it's copy and paste.With single family properties you could probably just have one LLC with your umbrella insurance.

The rent to price ratio's look really good for Texas (as well as compared to national levels) and my models cashflow at 20% down if the rate is at 5% or lower, really at the current rates its more breakeven but there Refi potential over the coming years and there is appreciation upside in my opinion with the new Tom Thumb, HEB, and Target breaking ground this year making Forney a more classic style suburb.

This is exactly who most syndicators target.Then you get into family offices and institutional money, who can write $5mm+ checks.