I currently am a realtor in Illinois and I operate my business under a LLC.

Purchase price: $100,000 Currently under construction.

If more than 3 years has passed, submitting the continuous use affidavit signed by the current owner if still under contract or past owner if settlement already occurred  can sometimes help but not always the case.

Details:- 19 occupied spaces, currently grossing ~$6,900/mo- 9.5 acres with enough septics and wells (and approval from the county) to have a total of 44 pads!

Almost all of the current investors doing Subject To, as taught by the popular approach of over leverage and little to no money down, are people with little to no capital, no ability to get a mortgage, with no experience and no ability to over come the issues.

Currently I can purchase a 550K home in Toronto with 10% down payment (I am able to save around 30K in a year).2) Should I not buy my first home and continue to live in a rented place and invest that money somewhere else?

Kevin If you don't currently have a down payment, you negotiate with the seller as to what is acceptable to them.

The current guidelines reduce to 50%+/- and there are the equivalent on the waitlist.

So, if you already have substantial sized company...what is your current bank providing you?  

Good afternoon everyone,I conceder myself somewhat a newbie at this, I currently have 2 properties, 1 I live in the other is rental.