Typical hard money lender here is probably 8-12 percent and 2-4 points.I’ve been approached for private money at 10 percent and 2-3 percent origination.You will need better financing terms or find a way to earn/save more money for this to work.Someone who may be helpful as I believe he’s a “former” (having immigrated) Canadian is Omar Khan .

The labor force is already down ~7 million (of 160 million total) workers due to extra early retirees, millions extra on disability, extra deaths, and no immigration for 1-2 years; so, companies have already taken unintended layoffs of 5%. 

They recruit legal immigrants to work in their plant and provide them with a housing allowance.

Immigrants are like anyone else.....They have a need for safe housing.

Some are Dutch, some are Arubian, some are American and some are UK made.

The study showed these new immigrants don't have a lot kids like the immigrants in the past decades.

I moved here with my parents when they immigrated in 1978 or so, and I've lived , went to school and worked here since then.I'm not so sure I would call real-estate here a "boom-bust" cycle so much as a continuous upwards trend with a few notable reversions to sanity and one very notable boom-bust cycle (which the entire nation seem to go through at the same time.)I've never met anyone here that has ever thought buying was a good idea at anytime, myself included.

- the area of the country, the nature of the workforce (unionized, right to work, high level of illegal immigrants, etc), the size of the contractor, etc.

I live in the UK and so far i am on my second management company.Any help and advice would be greatly appreciated.many thanksJohn

Nice houses off UK's campus fetch top dollar, but the rent makes up for it.