A developer can work with an end user on a project they want done, find agents to locate the land with proper zoning, location, etc. to support the type of project.

I vividly remember the countless hours spent driving to and from remote locations in rural Manitoba, alternating between early BP podcasts and Jim Rohn recordings.Over the next two years, I adopted an extremely frugal lifestyle, enabling me to achieve a 75% savings rate, sold my custom truck for a used Toyota, traded my new home in the burbs for a duplex (house-hack) in a challenging neighbourhood of Winnipeg where attempted break-ins were commonplace.

Never let a tenant move in without a security deposit paid in full. 

I was able to secure the deal with him for $105,000 then, a few days later I used  Sean Terry’s real estate retail buyer program script he intermittently gave away during his explanation video.  

It's equally important to look at location as it is the physical asset.

To me, the most important contact is your contractor in the BRRRR process, so I would start by securing a good 1-2 contractors.

For example, my property in a B location with market tenants always cost less to manage which is my point.

You can probably secure the hard money with less than a 25% down payment, and then if things go right - 0 out of pocket on the refinance, but you will still need at least some "skin in the game" regarding a little equity/down payment to start.Sharing this article published here on BP last year on this topic - hope it can help too!

- do you have a preference for locations near or away from MTA train stations?

Reach out if we can help with either location.