Working on improving your credit score is of course important.

Originally posted by Account Closed:@Brent Coombs ...As for home equity loans, don't you have access to the difference between what the original loan amount was versus how much it is now?

If you want to improve your cashflow another 10%+ you should self manage.  

Also, tell me anything we could do to improve our chances.

Be aware of things like condo rules regarding investor owned versus owner occupied units as this could effect your or your end buyers' financing possibilities, special assessments or association fees that could effect your carrying costs, condo rules regarding renovations and what owners are allowed to do or restrictions on noise or work hours.

5 seconds into that report Claude just emtnioned;"The Ontario government will spend $31.5 billion over the next 10 years to improve transit, transportation and other priority infrastructure projects.

Also, if you have a 401k you can borrow up to 50% of it's value from yourself, pay yourself the interest and get a 5 year loan on that while you improve your credit.Another option is doing what's called a 60 day IRA loan.  

Is that based on an appraisal with your improvements factored in?

Mostly, these buildings are well maintained and many investors see this as a “value-add” investment opportunity because through renovation and common area improvements, the property can be upgraded to Class A or a Class B+.

A landlord may end up needing to put in $2 per square foot of leased space in improvements to get a space leased.