it also means their interest rates change with the Bank of Canada rate. 

No lending institution or bank would be permitted to operate with those ratios.

And assuming a 0% return on the $200k you could have in the bank earning $10k/year if you sold. 

That is the best option if you are truly trying to help a family member.you cannot get control of the mortgage, you can do sub2 but you are not in control, the bank could call it due if they see the property transfers title.The other way is for you to buy it from them at market rate, then rent it back to them at market rate.

Hi Jaycee, I did barrow from a local bank, this is my third property with them.

I find it hard to believe that investors are actually buying negative cash flow deals, but they are and then banking on appreciation.

Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.

And the rub is I do not even need to withdraw funds from my SEP IRA because I already have enough in my bank account to show them. 

The workshop shows how SDIRA owners can earn double-digit returns by owning real estate as a bank. 

Would this be better to try and go through a local bank or is there good options for private money or other banks that specialize in this?