My wife and I plan to purchase a few properties ourselves, but with the lead generation strategies I’ll be implementing, I expect to come across more deals than we can personally handle.That’s where you come in!

We've never used percentage-based criteria, like the 70% Rule, for purchases.

First, congratulations on purchasing your first property together.

Purchase price: $600,000 Cash invested: $30,000 Purchased single family home, finished basement making the property a duplex.

I purchased a fix and flip that got complicated when we found one of the basement walls was bowing in.

I have not every purchased property in Canada, but my wife is Canadian and I've seen some of the issues her family has had to deal with.  

Are you purchasing as investment? 

Where the SBA 7A can be used for all parts of the purchase and is generally Prime+ 2%, 10 years, the 504 (bricks & mortar only) is generally Prime -2%, 25 years. 

A multi-unit property was purchased for $140k. 

Purchase price: $110,000 Cash invested: $45,000 Recently purchased my first house to use as a primary residence, currently I am renovating the kitchen and adding a full bathroom to the first floor.