.- In theory you would have added the SAME ARV and potentially take home the same $40,000 Home Improvement Loan, which (being $40,000) should be enough to pay the LOC off that you used for capital for material and labour, as well as to pay yourself back for the down payment of the home.I’ve taken on the strategy of getting quotes for a few new windows, a new basement kitchen, and expanding the basement washroom, taking out the kitchen wall in the basement for an open concept with the living room, AND adding a 5 foot privacy fence in the back yard as well as adding gravel parking spaces from the back alley.The idea is gold, but I have a feeling that the Home Improvement Loan may only match what receipts/invoices I have for material bought and labour of the contractors.

I paid $60.51/sq foot, when I was looking at more complete turnkey homes going for over $90/sq ft on average.

I paid $60.51/sq foot, when I was looking at more complete turnkey homes going for over $90/sq ft on average.

It’s around 6,000 rentalable square feet and at .80-.85 per square foot of rentalable space.  

I for one second don’t believe someone came up to you and said ummm no your child isn’t part of our religion can’t play sorry.

I loved this article that answered a lot of questions I had about getting started on a good foot!

I'm pretty risk tolerant, but I do think you should get a good financial footing under you before you start taking risks with investments. 

Think this through well so you don't shoot yourself in the foot.

YUP no agent is going to spend there time when U cannot transact and I am sure if the shoe was on the other foot you would not want anyone just playing you.what you can and should do though is go to open houses.. this is free to all. 

When we purchased the property, effective rents were roughly $.79/square foot.