Oops, double post.

Given the levels of property prices across Canada these days, we often find ourselves without a better use for the cash-flow.When mortgages are renewed, we typically find our equity position around 40% - 50% ... doubled, or better, from our starting position of 20%.  

Having the signed contract allows you to either assign the contract, purchase with your own funds, or use transactional funding for a double close situation.13.

I continue to marvel at how so little money will buy a homeowner so much house in the South.Do you know where the double bath vanity came from?

I'd budget at least double that number unless you have an actual estimate from your lender that it is going to be more like $3K.I will assume the answer to the who pays for the heat and hot water is the tenants.

You might just want to find a retail buyer for this property since it is already rehabbed and do a double close.

They often don't know that conventional lenders have issues with the assignments or double closes and they often don't have cash to pay the wholesaler.If the OP advertises a property at $36K, she either has buyers at that price or she doesn't, regardless of whether she is buying it for $10K or $20K or $30K.

It was really handy to double check myself. 

It's a good thing I suggested that the OP double-check then, isn't it?

Create value and receive it back double.