We saw huge appreciation in the 2018-2022 inflation run up, but that has significantly slowed these days in my opinion.From a rental perspective your monthly income per unit after all expenses with a typical 20% down payment is likely $100-300 when you find a property that will cash flow.

Don't accept ANY partial payments.

Or a seller finance calculator showing the monthly payment based on negotiated price, interest rate, down payment, etc.

I have the opportunity to help a family member be part of a joint venture with them putting the down payment down.  

The payments and interest are high.

The group now has 30 members with discussion around negligence, mishandling of funds, fraud, and residual damages.On 6/26 my attorney sent a demand letter to Jeff Swiecicki requesting immediate payment of the balance owed.As of 6/30 Jeff Swiecicki has refused to pay back rightfully owed funds and refers us back to his 6/4 email to wait 90 days.

Since it’s a new build, I was able to negotiate some great perks, like a 5.875% interest rate, no closing costs, a fridge, blinds, and even a backyard firepit.Pros:Good school districtLow interest rateMinimal CapEx and repairs (because it’s a new build)Low insuranceHigh-quality tenants (due to the school district and being a new build)Cons:Lots of new builds in the area, which could drive down prices and increase vacanciesThe Numbers:Price: $290KInterest Rate: 5.875%Down Payment: 25%Monthly Mortgage + Insurance + Taxes + HOA: $1,480 (I got really low insurance since it’s a new build and Alabama’s property taxes are low)Property Management: 10%Rent: $1,800 (this is under market because I wanted to rent it quickly—most units in the area were sitting vacant for 100+ days.

Monthly payments are fixed.  

Start by serving proper notice of the management change and request payment details.

This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.