I am undecided as to how to best leverage the $45,000.One scenario - use private money (12-18 months) instead of using $45,000 to purchase my parents townhouse currently worth $190k, I would offer them $140,000 and while I wont make any money with my parents living in the house, the equity will give me the opportunity to withdraw funds in the next 12 months.

When I try to analyze properties applying the four quadrant method, it does not work in Montreal because most of the time I have negative cash flow and the return on investment (cash on cash) is very low around 1-2% or negative.

Is that taking the assumption that rehabbers don't have enough reasonably priced funding or is it that an equity partner can get them in better deals, better methods to scale up, better ?

So I was previously a realtor for 5+ years and gave it up to invest... I did tiresome amounts of Ron's video's etc....then when it came down to it, all these sellers wanted cash... not at closing but like yesterdays k...

There are many different opinions but I would like to ask some of you for your methods for hedging your bets for a downturn that may happen in one or twenty years.  

When I try to analyze properties applying the four quadrant method, it does not work in Montreal because most of the time I have negative cash flow and the return on investment (cash on cash) is very low around 1-2% or negative.

If you or the wife has a 401K, I believe that you can withdraw half of that, and you pay yourself back the interest, you should talk to your employer about any specif rules that they have for the loan.Are you getting a mortgage for the purchase?

Once I have some experience and the appropriate network, I can see myself transitioning into Brandon's coined BRRRR method.

With this method you are getting quality and saving on some labor and product waste.  

. - @Jasmine Patel I would advise folks to be careful about closing air vents as a method of saving energy.