Real Estate Investment in Canada has, in recent years, been strained in terms of affordability, and other rules creating an additional barrier of entry; especially for foreign buyer.Although I am investor in Ontario and Quebec, I'm not a lawyer, nor an accountant, nor an immigration consultant, so make sure you consult with the appropriate expert for accurate information.

Consult with an account representative at PadSplit to assess comparables and determine bedroom rental rates. 

Contact the utility provider and get a historical average based on the last year of use.

Would banks typically provide a HELOC on an investment property, and if so, what terms should I expect?

The sale of our home will provide us with approximately $150,000 to allocate toward investments.At this stage, we feel most comfortable focusing on long-term rentals.

have you considered bringing in an equity partner to provide a loan?

After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.

You must provide accurate, current, and complete information during registration and keep your account information up-to-date.

A key risk is the due-on-sale clause, allowing the lender to demand full repayment, though enforcement varies.Keeping the property in an LLC provides liability protection, shielding personal assets from lawsuits.