Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000.

[I think someone else provided an example of this case earlier]-Now provided you do qualify for purchasing a house (4 units or less), you will have no problem qualifying for a mortgage with a Schedule 1 bank as long as you provide the down payment (35% minimum of purchase price) and confirm proof of fund and the source of it- On the proof and source of funds, the banks would want to see an income enough to cover the mortgage payment and other expenses. and in some cases, they would want to make sure they know how you're going to cover your expenses (housing, heating, etc..) where you live.This is usually where it gets annoying for some folks but if you can satisfy this, you should be able to qualify for a mortgage just likely any Canadian tax resident, albeit you will pay a little more in terms of interest rate, etc.

No big deal, I worked with insurance and contractors to get the repairs done.

There’s no single right answer to every situation, but the more you educate yourself and build your network, the more confident you'll become.Lastly, don’t hesitate to ask questions here, no matter how small they seem.

Fast forward to the end of the deal and we have been trying to get  payoff letter for weeks to no avail.

No one is screaming about housing shortages in East St.

I agreed to pay for the renovation with no interest credit cards.

I see neighboring properties of mine that are a comparable size and I know they use dynamic pricing of some kind, but no one has exactly the same price as me.

She had no connection to the property and no personal stake in the transaction.

Your client should consult a real estate attorney to draft an agreement with the ex and ensure there are no legal or tax issues, especially since this is an investment property.