Otherwise, you can get a conventional loan as low as 3% down, but 5% is easy to get with decent credit.If you are in a position where you won't qualify for FHA or owner occupy, I would recommend looking into private money loans.

I recently purchased an occupied property and the tenant claims the previous landlord "promised" to maintain the lawn.

A much better position to be asking for money from people.

Nothing impresses like high positive cash flow but don't let them know you are actually buying your cash flow as opposed to your property generating it.

You don't want to be in a position where you have all your cash tied up in a property and then a furnace goes out and you don't have the cash to repair.

and still isn't fixed, plus my husband had to take some time off to help me out and he hasn't gotten his pay for that either so we aren't in position as of yet to do that!!! 

On the positive I have rights to market myself off the property so I have signage on it that promotes my wholesaling on a high traveled road. 

Hi, has anyone had any success in generating positive cash flow with student rentals in Hamilton/ Guelph area?

Trying to learn from others experiences I used the BP calculator and at the asking price it’s showing a positive income of $423 per month.

I have read several comments most of which have not been positive about working with this group.