I would say the average when you’re starting out is 30-60 days to get your first check or wire transfer.DO I NEED CREDIT, AN AGENT, OR A MORTGAGE COMPANY TO WHOLESALE?

Get a line of credit from a bank that leverages your equity without refinancing the properties.3.

One of the key challenges I’m facing is understanding the financing options available to someone without Canadian residency or a local credit history.From my research, it seems that a 35% down payment is often required, with interest rates around 7.5-8.5% for non-residents.

What is your credit score?

It was a personal referral, received a credit at closing for renovations as well How did you finance this deal?

Another possibility could be a home equity line of credit (HELOC), if you have sufficient equity in another propertyGood luck with your project!

@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?

I suggest 8% for a great credit buyer and higher for one with poorer credit.

Leverage Local ResourcesEconomic Development Grants: Check with your city or county for grants or incentives aimed at affordable housing or community improvement projects.Local Banks or Credit Unions: They may be more flexible than larger financial institutions, especially if your project aligns with community needs.Partnership with Nonprofits: Collaborate with organizations interested in affordable housing or sustainable living.4.

As a new realtor (and student) you probably make below 80% median income which might help you qualify.I work with Finger Lakes Federal Credit Union (for my primary) and Lyons National Bank (for my investments), both will probably be able to help you navigating downpayment assistance and your situation.