You keep the equity, they make high interest, everyone wins.

So basically 203k can be a win/win for everyone involved, including the agents if they calm down about the timing and realize that 3% of $450k is a bigger number than 3% of $300k.Make sense? 

Either way should be a win. 

Purchase price: $185,000 Cash invested: $27,750 After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB -------I love this property because seller gave me 85% VTB for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both of usfor seller he doesn't have to pay huge capital gain this year for me normally I would not get mortgage Purchase Price - 185,000Down payment + Closing cost - 31,500Renovations - 25,000After Repair Value - 240,000Potential Rent - $1700 per monthNet Cash Flow - 200$ per month What made you interested in investing in this type of deal?

Purchase price: $185,000 Cash invested: $27,750 After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB I love this property because seller gave me 85% VTB for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both of usseller doesn't have to pay huge capital gainsPurchase Price - 185,000Down + Closing - 31,500Renovations - 25,000After Repair Value - 240,000Potential Rent - $1700 per monthNet Cash Flow - 200$ per month What made you interested in investing in this type of deal?

Purchase price: $185,000 Cash invested: $27,750 After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB I love this property because seller gave me 85%LTV for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both of usseller doesn't have to pay huge capital gainsPurchase Price - 185,000Down + Closing - 31,500Renovations - 25,000After Repair Value - 240,000Potential Rent - $1700 /monthNet Cash Flow - 200$/month What made you interested in investing in this type of deal?

Purchase price: $185,000 Cash invested: $56,500After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB Seller gave me 85%LTV for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both [seller doesn't have to pay huge capital gains]Purchase Price - 185,000Down + Closing - 31,500Renovations - 25,000After Repair Value - 250,000Potential Rent - $1700-2000/monthNet Cash Flow - 200$/monthWhat made you interested in investing in this type of deal?

Keep working hard to get with these sellers and make win-win deals happen!

Hi Paolo and welcome back, some canadian RE books I like :Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor https://www.amazon.ca/dp/04706...Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want https://www.amazon.ca/dp/09918...Beat the Bank: How to win the mortgage game in Canada https://www.amazon.ca/dp/09938...

It’s a win win and a deduction as well.