Sitting around waiting and hoping will get you no where.Also, history seems to repeat itself.  

I would probably go with a HELOC as you won't have to pay for what you're not using unless you've got a specific property you're going to be buying with that money so you know you won't just take out the loan and sit on it paying interest all the while. 

I always plan to have 6 months of holding costs available, for after I finish the flip, just in case I missed the market.If a lot of houses are sitting on the market for a long time, (can't sell) I'd definitely avoid it. 

No it was just like $10k.I overpay for rehab for $15k, House sit on the market for 4 months. 

I would be buying into a sellers market in almost any Albertan city.Alberta also worries me as it is known to be super volatile for short periods of time and then sit dormant for up to a decade. 

A purchase you made in 2020 or 2022 would not really be thought of as a BRRRR because I'm guessing those units have been rented since then and were not just sitting vacant with you paying on those mortgages.

They buy properties, do not know the area put substandard upgrades in the property then sell them for market value or try to and the property sits for a long time.

I like it because it keeps my money working for me in between finding deals, so I don’t have cash sitting on the sidelines getting chewed up by inflation.That being said, if you have equity from day one.

Sit tight and wait till rates drop.

The two countries may seem similar, but they are so different and I say that with my sister's family (who are American) sitting in the same room as me right now.For housing, I can't think of many Canadian cities where you can buy a house under $100K (or even $200K).