You just need to make sure that you are dealing with an agent who fully understands how to design a high cash value policy with low/no surrender charges so you have immediate cash value and access to the cash value.Once you fully understand how it works, I assure you, you will stop putting money into IRAs and only use this strategy.This is the primary focus of my business.

If you're trying to cram $25K worth of reno into a $15K budget, you're going to be frustrated with your contractor for not being able to perform miracles.The second part would be asking for references, or even better, asking to walk through current projects to get an assurance that they really know what they're doing.

His guest Charles Wentworth talks about lending 70% and needing personal assurance from the lead investor, who is on your team with MF experience, etc.Michael Blank's deal syndication analyzer also helps crunch the numbers so you can see all the splits, relevant metrics, etc.Happy investing!

Just be sure to assure them that all will be finished prior to move in.

If people are interested and I feel like I might break it all down, but I can assure you that if you see all the break down you'll see that I did not overpay on anything.

If I find someone in Ottawa that can help me, rest assured, I will definitely post it on this thread.

I can easily leave town anytime I like for extended periods of time and still easily self manage ... my units don't own me I can assure you. 

Of course, focus your investing in a growing economy such as that found in Colorado Springs and you have relative assurance of continued population growth, all of which will need a place to live.

knowing that it was once a 4 just provides some assurance that zoning likely still allows a 4, but other than that just imagine all the permits, approvals, inspections, fees, etc required and the time and labor/materials it takes nevertheless. to me it matters what it is now (not what 'used to be') and so i'd offer 3/4 of what i was going to offer when the agent swore it was a legal 4; i woudn't write an offer contingent on coversion, as it is what it is, a 3fam with an extra walk-in area (that likely belongs to one of the 3 units under current C of O).

Completing the sale is another.Right now, you have no control and no assurance that you have the facts correctly.