I would estimate that 30 percent of investors would like to expand by buying more.

Here’s the deal:$100k in capital available.Purchase price: $150kLoan Options:6.625% at 85% PP6.125% at 80% PP5.375% at 75% PPRents: $2400 per monthFirst deal with desire to grow.

Starting Wednesday, foreigners will pay the province a 20 percent tax on top of the listing value"

I don't have a standard percent of ARV I am wiling to pay.

I am losing around $400 per month on this property.Is there anything that I can do about the property management not listening to me?

The owner is 1-2 payments behind ($550 payment per month).

Should generate $4500 per month revenue with property taxes being about $500 per year with a 10 year abatement.

So this has me thinking that I would like to rehab and hold at least one property per year for the next five years.

old thread but let me give you my 2 cent if you're still around or for the lucky others who may read this postLet me tell you this loud and clear, If you can, RUN away from the building and safety dpt.

Something like this, just off the top of my head....you can probably find some cancellation notices/addendum online.As per the contract dated____, between xxxx and xxx for the property at xxxxxx, I am hereby terminating the contract as per the inspection clause, paragraph xxxxxxx.Both parties hereby agree to terminate the contract, relieving the other party from any further obligation, and the earnest money of $xxxx shall be immediately returned to buyer xxxxx.By:   Buyer xxxxxx____________________________.