You will need to use hard money or a private lender.Obviously each hard money lender is different, but a common loan structure: they will loan you part of the purchase price and loan 100% of rehab.

What Am I Doing Wrong?I currently have two properties under contract that I got from foreclosure (two four-plexes that I am going to renovate and raise the rents). I am getting financing for these properties with a co...

If you're buying much quicker than that, I fear you might not have had enough time to do enough due diligence.The problem with your current method is that it leaves no room for error and is dependent on everything going right. 

Chris Gordon When analyzing an asset whichever method you use is a forecast as you cannot predict future cash flows or values.

@Adam Martin that's actually a structure that a lot of commercial landlords use because most of their tenants stay for many years. 

I am not a CPA, so check with yours first, but I believe you are able to file a forms 3115 and 481a (change of method of accounting) which allow you to claim previous year's depreciation without actually amending previous years tax returns. 

If I wanted to buy and hold for passive income, how would I structure a deal with hard money lenders to do so?

I want sufficient insurance, but if something catastrophic were to happen I would construct under more modern building methods.

Hi Everybody,Is it necessary for me to have a GST account number registered for a real estate business? From what I have read off of websites like taxtips.ca and  canadaone.ca, you only need to collect the taxes on go...

If you do not structure your purchase agreement correctly you may incur some of the tax debt.