We hit the first shift of becoming a favorable buyers market.

There are no laws restricting mark-to-market rents. 

I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

I think it's the best market in the whole country in my opinion.

Im not expert but Ive took out a heloc and dragged on going on my advise and it suckedHi @Mario Morales, There are 2 things I would pay attention to in the scenario you describe. (1) Most cash out loans are limited to 75% -80% LTV meaning you wouldn't be able to get all of your cash back out. (2) The interest rates I see in the market are closer than what you've listed.

And , since I had been working in an industry I really wasn’t passionate about, this was my chance to try an industry that I have had a passion for for the last 12 years or so.

If you get greedy and put #3 in front of #1 or #2 you can get burned like any other market. 

Most lenders in this market are less likely to issue a loan that you will default on.

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto. 

@Virginia Frost What market/city are you targeting?