Your Global DCR also becomes very important if you want to scale up to 20, 30 or 50 or more properties over time.So rather than just he saving your goals and growth should dictate how you set up your loans and your amortization periods. 

They also look at your experience, global cash flow and reserves.

One thing I am concerned about is that if I use depreciation to eat up part (or all) of my positive cash flow, I will get hit by the CRA (Canadian Revenue Agency) when I sell the property as the depreciation will then become taxable.

On Quora, you check off a bunch of topics you're interested in and get presented with a list of questions, then can pick and choose which to answer.Do you want answers from someone on a real estate forum, or someone picking your question out of a list about sandwiches, real estate, breeding toy poodles, gender politics, and Canadian tourism?

Hello fellow investors.my specialization is in Rent to own and wholesaling.I have been talking to a lot of sellers lately and i'm close to closing a deal.While I work on that, I'd like to know how other experienced Canadian investors set up their business in a legal and tax friendly way.I took an American course and they recommend setting up an LLC, which in Canada is an LLP.

I will doI did read her book "Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want" too, I'm sure she have great insight 

I haven't been to one yet but I think one of these Meetups may be a great place to start in the Edmonton Area.http://www.meetup.com/revenue/http://www.meetup.com/Edmonton-Cashflow-Meetup/There's not many Canadians here, but some are very experienced and very helpful.

This means the process is a lot less stringent (based on personal financial statement, debt coverage ratios (subject property DCR/global DCR)) and funds much more streamlined and quicker.In a recent example, a conventional cash out was only going to get me 65-70% LTV around 4.75% with no points, but if I went with portfolio it was going to be 4.99% up to 80% LTV with 1 point cost and terms were 10 year with balloon thereafter, 5 year fixed adjustable rate within the 10 year balloon period, 30 year amortization - principal & interest payments, w no pre pays. 

It seems crazy to me that with all the globalization going on, your applicant doesn't exist to the credit reporting agencies.

We've opted to start our focus 'in our backyard' here in Lake County, though may (likely will) branch out further with time...Non-RE investing background:  I'm an engineer by trade (with all the anal-retentive number crunching that comes with it), presently in a 'Global Strategic Planning' role at my corporation.