@Nathan Owen If you look at the last 20 years you would realise that it's not really risky at all plus I always work to pay that off as soon as possible so I can have money for the next project so it always ends up being a short term loan For me

I worked a full time job and work as crazy on a side job, fixing car after work and the weekends ,saved as much as i could i did not know what i was going to do with the money i just wanted to save as much as possible, one day i realised  that my money in the bank was not doing anything,  so i went online and searched for different  investing  strategies,  what made more sense for me was investing in real state.

Like farmers being land poor speculators must liquidate to realise their wealth.

As I was planning the small renovation that would see the end of the boarding house, I realised the house was serving a clientele not being reached by our other student apartments.We decided to leave it for a year to measure the behaviour / performance and found that it had low vacancy, no defaulted payments, no damage, and the tenants almost always brought us new tenants before they would leave.Just over 2-years in, we are still happy with the house ... it is more work, but it is also more return.

I am guessing if you point this out they will realise they made a mistake asking for January.Question...Why is December pro rated if you are paying the whole month (beginning Dec 1st.)On the other hand since you are unemployed and seem to be moving on short notice maybe they are simply covering their butts because they do not trust you.

Very few investors actually realise that the "true" cash flow of a property actually decreases when a DP or equity is applied to the numbers.

Your man does realise that he won't be able to get any normal private money rates if he's only going 50%.. yes?

After months ... well, maybe a year, of lurking, I've submitted my "introduction" post and made a few other small contributions to some of the fora.Now I've sat down to raise the questions responsible for my being here in the first place and I'm not exactly certain how to start ... so, rather than try to write eloquently, like any engineer, I'll resort to a bullet list of the facts ;-)1) As alluded in my introductory post (http://www.biggerpockets.com/forums/55/topics/88317-new-sort-of-in-canada ) I realise we have arrived at the point where, if we are to grow our real estate business to meet our objectives in a reasonable time period we need to start using other peoples money (OPM) to purchase properties.2) I've helped raise both private and public funds for startups in my past, so the principal and general process is not foreign to me.3) Despite the above two facts, I am presently seeing the task of approaching people for private financing as a "necessary evil" and am loath to do it.

What home owners and investors like us haven't realised is that we actually have the clout, we just haven't figured out how to organise ourselves enough to use it effectively.

Some owners don't ever realise the potential their building has.