I'm not familiar with Canadian regulations but you should look into how you can get access to money if you don't have any.

He needs money.

When the ROE is significantly smaller than my CoC return (based on initial investment) I know it's time to make a move to increase the velocity of the money.

Look for properties with value-add opportunities that don't cost much money.

if you have no money to put down then you're not ready.here's what i would do instead:-save up enough until you have enough money to do a live-in flip-do a live-in fliphope that helps

If I were you, if you have a larger sum of money to invest with, I would stay in the 1-4 unit range and look more in A or B class areas that won't need much maintenance or management. 

It's an easy way to make more money on the tenants who are already staying at the property, but you'll target families and higher end clients who really need a golf cart, giving you higher yields and potentially better clients.

Given the market conditions and your hard money loan, it might be wise to first calculate your monthly holding costs, including loan payments, taxes, and maintenance.

While most DSCR lenders require 20-25% down, some allow lower down payments under certain conditions:1. 15% Down DSCR Loan✅ Some lenders allow 85% LTV (15% down) with strong DSCR (1.2+), good credit (700+), and reserves✅ Higher interest rate compared to 20% down✅ May require prepayment penalty2. 10% Down DSCR Loan (Rare & More Expensive)✅ Available for experienced investors with strong financials✅ Often requires higher reserves (6-12 months of PITI)✅ Could involve seller concessions or second lien financing3. 0-10% Down with Creative Financing🔹 Seller Carryback: Find a seller willing to carry a second mortgage for part of the down payment🔹 Cross-Collateralization: Use equity in another property instead of cash down🔹 Gap Funding / Private Money: Partner with a PML for the down payment

@Mike Robb you would think with the money they charge people for very little benefit they could create an app.