If you have a traditional Canadian bank mortgage, you can pay that mortgage off early, there is just usually a prepayment penalty of 3 months interest.

Some people say it’s 12 months minimum before you don’t have to pay back the grant while others say 24 months.

Hi Mike,Sorry I didn't reply much in detail to your message.I've been very pressed for time last few months and can only schedule calls with folks within our operation.Here is a great thread on the different Toledo markets - https://www.biggerpockets.com/forums/86/topics/699494-toledo...I hope you find it useful.Wishing you much success with your endeavors 

The bridge would be 6-12 months, you'd have the funds to complete the rehab and then you'd refinance before the balloon comes due.

Are you okay with breaking even/losing for a few months to a year before seeing cash flow, for the sake of being in a better area where your property will appreciate much faster?

Because we are within the coastal area, my architect is saying that I need to pay an $18,000 application fee to the coastal commission and the waiting time to be approved is 6-9 months.  

Then next month, if you want to return to ACH, I don't see an issue.

I decided to raise their rent $500/month, even though market rates for comparable apartments in that area are $200-$600 higher than that.

Good Evening,I have a question, so I bought a rental property with tenants in place, The previous landlord didn't require them to have a security deposit, How would I go by with telling them that I required a security deposit, also they pay at the end of the month for the month they been on, I would like to have them pay rent the month before. so for example have them pay the rent this month for the upcoming month and so on, how would I go about doing that.

Hello EveryoneMy name is Adam and I am new to real estate investing, having started listening to the BP podcasts as well as reading some books over the past few months.