@David RickettsTo enter a mortgage assumption with partner funding, evaluate the mortgage's eligibility, impact of HELOC, and property condition.

My motel was down about 60 percent in 2020 and that helped but it is never fun to right that check to my partner that never did a thing.

Making my first post here after seeing that there isn’t much information on Canadian real estate investing.My partner and I are looking to invest out of province on our first property, with intentions to rent it out long-term. 

I did not have much luck with traditional banks even though my partner is a GC and has done multiple additions and garages.

Also, would it be a good idea to make an LLC since we will be partners?

I heard the best thing to do is have a potential cash buyer check out the property as a "partner" however, I cannot propose my offer to any cash buyer if the property is not under a PSA.

The only way you can buy/build more than (4) units is if you partner with another veteran who has access to the VA loan and you both owner-occupy.

I did 4 flips at that time, some of them were with partners, and some of them by myself.

Partners with an experience home flipper to learn the risks and rewards of house flipping to build up some cash (This is considered a job, not real estate investing).4.

Depending on how much the DSCR lender will lend on, my partners and I will cover the remainder.