I've only dealt with residential at this point but am looking into self storage and on my search for commercial I stumbled upon a car dealership property where the owner is moving out of state and motivated to sell the property.

Does anyone have any experience purchasing tax delinquent properties?

If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.

I understand showings are part of the deal when a property is being rented or sold, but this seems like a huge breach of security and tenant rights.

That may take a few years to settle itself, but that's not a neighborhood fundamentals issue and will correct itself naturally, especially as more neighborhood commercial and amenities continue to infill to meet the new population.

I’m looking to buy and flip a property whose ARV looks improbably high, but the wholesaler says he could only find one comp which justifies his number.

By being open to single family homes as well it really increases your choices, and for us, reduced the cost per door of acquiring our properties.  

The property was actually sold back in April, but he's still giving me updates as if the property hasn't been sold.

I am quickly learning that many banks do not give HELOCs to rental properties.

Hi All, One of the main reasons that I began my venture in to real estate investing is to accelerate our family's plan to purchase property in Ireland to be closer to friends.