Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in  5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.

If you sell, you could access the equity you’ve built and put it toward other investments or save for a future down payment.

I understand the obvious reasons, but he has not been easy to explain the reasons why I would like it off my husband and I's joint returns.

It's very easy to set up your accounts and to set up sub-accounts for each property if you want to, which is what I do.

Each are great strategies to access capital and each has its pros/cons for utilizing the strategy in the best way.

That’s something I’m actively exploring—whether it’s through direct-to-seller marketing, networking with local wholesalers, or even tapping into connections through my brother-in-law, who works with builders and contractors in the area.I’m not expecting slam-dunk deals or easy wins, but the numbers on a few potential projects I’ve run so far seem to work under the assumption that I’ll leave some cash in the deals.

They do local meetups but you can at least gain access to true off market properties as apposed to using wholesalers.

Than AFTER that base-line cleanup action is done which part of it is to establish access for all others, than things get into the next lower level of details. 

Accept it "as is" and fulfill the lease.By responding quickly, professionally, and confidently, they realize I am not an easy target and choose to move on.

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