That would be $60,000.So in all, the development costs would be around $175,000, all of which would probably have to be cash or privately funded.Also, you have the cost of the land.

Or you could do flips or do private lending to investors, but I'd be wary about doing it in Canada given the high valuations.

Looks like there was a private mortgage-( just regular guy's name for the deed of trust in 2008.)

When I finish a basement, I get pretty extensive.

Those apps would operate a simple, intuitively apartment or private space.

You can certainly warn me privately and not publically if you choose.Back to the topic at hand, the 2% rule . . . .

The best part is all of the money I've used for these deals will come from a loan I got through Lending Club.I'm still working on my presentation for getting private investors and I plan to get that started soon.

I think you need to insist TD to give you a one year extension.

I would not put that in an LLC, you need a family trust or leave it alone as a private family residence.

Ultimately, I want the primary source of my income to come from investments in real estate and private businesses.Although I’m pretty much a silent reader for now, I will join the conversation as I feel like I have more to contribute.Thanks to the active members for sharing their knowledge, and good luck to everyone on their endeavors!