Let me get the smudges off my crystal ball from the last time I used it in 2015 and bought bitcoin before it jumped in value.When predicting which real estate market will increase in value to the greatest degree in 2016, it is imperative to look at certain factors that contribute to an increase in overall demand.

We are predicting ARV of $145@Jessi Hill - can you send me the link please?

There are certain types of debt instruments (such as mortgage debt) that should be used solely as a tool to build wealth and acquire assets that will directly impact your net worth.

~verbatim"At least one borrower must occupy the property and sign the security instrument and the mortgage note for the property to be considered owner-occupied.

Individuals who change jobs frequently, but who are nevertheless able to earn consistent and predictable income, are also considered to have a reliable flow of income for qualifying purposes.   

@Rian AshI would like to add that a quit claim deed may not be your best instrument. 

Nobody can predict whether its a good deal or not.

Toronto is way out of control .....Think about it wages are not changing, yet the home prices are skyrocketing....any single family home in TO is 1 million min.... unless everyone in Toronto is a millionaire these days and making $250k plus its just a big credit bubble....I sold my house at Bayview and Steeles for $1.2 million and it was average at best....The house in my eyes should have been worth $400KI currently reside in a exec townhouse in Richmond Hill which I bought for $300k and is now $900K its nuts ...predicting the correction impossible....play safe in these crazy times...my guess is 30% over valued.....FYI in 2008 i bought a $400K Condo in Las Vegas for $125k so the corrections can be severe.....people in Toronto think it will never happen.....lets seeJust my 2 cents...:)

I am so glad you found BP...it has been instrumental in my success. 

I also had my Realtor/ PM supply a letter to the bank with the predicted ARV of the property and the income the property would produce.