@Brittney Yang surprisingly I have found that I can have glue down LVP installed by a local flooring company, we use Artisent Floors, https://artisentfloors.com/, for our local renovations and they are awesome and they can do it for less than what I can buy the product for at Lowes or HD even with my 10% military discount! 

In terms of development and flipping my friend does a lot of this and does good in the million dollar range but he uses OPM for these larger projects.

My wife has a house with a small mortgage left on it and long story short...one of her kids is the other "owner" of the property.  

My father took out a $320K home equity line of credit (HELOC) to invest with my brother and I.

Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.

I have created a lot of loss in my taxes over the last few years and now want to get a mortgage for a new primary home.

Just from my experience.

My name is Christian and I am new to real estate investing and BiggerPockets.

I can show you what I have done and my plans for the property. 

The only reason we don't qualify for traditional lending is because I took some time off to help my terminally ill father, and my husband has been in a commission-based role for less than a year (the lender said you need 2 years of history for that).