Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.

I have a commitment to invest in rental properties, meet professionals  & eventually meet potential business partners!

At first I was hesitant about making the commitment towards joining the club but I did because I saw the value and I love the people.

Don't spend time looking for something that doesn't exist.

Speak with lenders - and consider that although they might agree they could lend to you today - they might not be able to when you need the loan.Unless the existing debt has no due-on-sale provision, there will always be a risk of the underlying loan being called.If it were to be called due:1.

Also It seems that in my city this doesn't exist with a duplex, triple etc.. 

Time Commitment - Basically if one of you spend more time on the project than the other they should be compensated for that time.

Please share your advice and experiences  Hi Richa,Is your existing property inside or outside of St.

Yes it exists, but as the above poster mentioned, lots of hoops to jump through.

For existing properties, you must make substantial improvements (equal to the property’s value, excluding land) within 30 months.Ensure the duplex qualifies as an OZ investment and complies with QOF rules.