Banks often have very rigid requirements, such as high credit scores and a detailed financial history as well as lots of paperwork.Private Money Lenders: Faster and more flexible.

Here’s how it benefits you:•Faster Evictions: The expedited eviction process minimizes financial losses from unpaid rent and property damage caused by squatters.

Underwrite the property: Ensure your property works financially as a midterm rental.

This not only creates financial strain for landlords but also results in fewer rental units being available, exacerbating housing shortages for new tenants.Another major challenge is the backlog at the Landlord and Tenant Board (LTB).

I would appreciate input from the BP community as to the best way to approach this from a financial and tax perspective.  

If you can hold off for 2-3 years to save more and build a solid emergency fund, it may give you greater financial flexibility when you’re ready to buy.If buying now feels too risky, consider renting for a while to gain privacy without the long-term commitment of a mortgage.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Since I have done both of these things wrong and right in my past, I can tell you keeping the client happy to a certain extent is a lot more cheaperWe have found that setting the proper expectations right up front of what we will and will not do seems to help solve going down this never ending rabbit trail sometimes.

Glad Scott is addressing this head on and sorry to hear it came to this. https://www.biggerpockets.com/users/wealthelevator This is like financial PTSD. 

Detroit offers strong cash flow, appreciation potential, and affordability, especially if you’re interested in long-term holds.That said, where to invest ultimately comes down to your goals, experience, and where you are on your journey to financial freedom.