With the DSCR the HELOCS and mortgages and any liabilities are not counted in the DTI on teh DSCR programs.As long as teh current rent per month will equate to 100% or more of the proposed PITI payement. 

MAYBE they’d take an offer with a $50k EMD as long as the seller is sure they can keep it if you back out.

As long as you have the cash to do that you could still save some tax.

But if you’re looking for a flip or something where you can force appreciate there are options at 150k, as long as you’re able to finance the deals outside of conventional loans

As long as you have access to a lot of capital to fund renovations, vacancy, and unexpected items, not to mention can handle the stress,  and trust me--t will be a lot, and it's a lot of stuff no one  (except BP!)

For example, the Town of Brookhaven only allows one accessory apartment as long as the property is owner occupied.

Hi Folks,I am planning to buy my first ever investment propertyI live in GTA, I can take mortgage upto 1 million, and have approx 250k liquid assets for 20% down and other expenses I am thinking to buy a single family, and build a legal basement for second unit for better cash flow/numbersArea of interest are KWC, London, Niagara Region, Mississauga/Brampton...I am flexible with location as long as I gets a better deal and numbers look reasonable.Questions / Concerns- As a first time investor, my plan to go for a single family and such an expensive property is fine?

But it seems like securing financing for this kind of deal would be fairly straightforward as long as my financial situation supports it.

Some will call you for everything Overall Section 8 is great as long as you screen the tenants the exact same way you would screen any other tenant.

The rental demand in OP has been very high for as long as I've been investing there.