Our numbers are: - 20 year fixed @ 3.87 - Purchase price 125k - Home Value 185k (have not had official appraisal this is based on comps) - Mortgage balance 90k

Is it allowed to get all these budgetary quotes BEFORE making an official offer? 

+Land/LotsSame areas.We buy, manage the subdivision, get the installations in place (sewage, electricity, water, roads), sell the lots in batch.We buy 100K-300K lots at the moment and want to aim for bigger (1-20M).Money is good when you aim for “in bulk”.Return of 80-100% in a timeframe of 2-4 years.Financing/ExitThe financing plan is to use investors’ money as a leverage.For houses, most of our deals will be bought cash to have a hedge over other buyers.As soon as the renovations are completed we are refinancing them if we want to hold them.The refinancing will automatically get the money of the purchase and the cost of renovations out of the property to reimburse the investors plus interests.For the lands/lots the same scenarios could be possible after the subdivisions are made.The possibility to stay in the deal until the official selling of the prepared lots can also be possible for a higher return/profit.TeamI’m a real estate agent and a mortgage broker in Quebec.

If you purchase this before figuring this out you may be the proud owner of a single family with the town zoning officials breathing down your neck..

We wanted to start an LLC to have an official company name.

Call your elected official

This is my first official property management, so I'm still figuring out when it's worth rocking the boat to get things the way I'd like them.

The tenant moved in 10 days before the end of month so he usually pays the rent on 20th, the lease states the due date is 3rd day of every month though, so officially he's in default just today.I want to start the eviction process, but how do I deliver the late rent notice?

what other details did the city official tell you? 

It's official folks!