buy and hold has been going on for decades. its a city with over 55% of population rents and that number will most likely just grow... ( just my observation from my lending days there)so majority of fix and flip goes to cash flow investors.I personally have not seen any higher end fix and flip for retail however I am sure it exists.

Several times I've observed them just move to a lot just down the street and build a new building when their lease was up.Overall though, I just value commercial the same way I do residential.

First some general observations from my experience flipping houses:1) It is usually a 9 month journey - It is very difficult to finish a flip if major renovation are needed in under 9-months from purchase to closing wire.

After observing the property for a while, I've come to the conclusion that the landlord was very lax with the rules and these tenants are going to be a bit challenging.

I want to attract buyers online.Currently, I am observing the real estate business at my friend's office.

That is, I completely disagree that BP is a great way to meet borrowers -- at least safe borrowers -- and vise versa.It's my observation that many lenders come on strong here and then disappear, presumably when they realize how little business actually gets done online this way.

thank you for your feedback and observations.

I couldn’t agree more with your observation on the 15 year mortgage.

However, vacancy is low (<4% much the past decade, though up considerable in the past couple of years with over 400 new unit coming on-line)After observing Saint John for a few years, we finally took the plunge in 2016.  

You're absolutely correct with your observation.