If the loan terms work out, this could still be a great investment, but be leary.Hard Money - you've got to find a fixer upper for this to work out, otherwise you'll end up paying 10-20% interest for a year and then having to come out of pocket to refinance at the end of the term unless there has been some serious (usually forced) appreciation.Another possibility, which I can't much comment on would be a master lease with an option to buy.

More money in your pocket!

Was looking to see if anyone wanted to take a quick peek at my analysis of an investment property I am looking to purchase.

I'm looking to do this first deal with no money out of my pocket (because I don't have the funding to do so) and my research has led me to transitional funding to show my proof of funds.

I enjoy the podcasts very much and i read the fourms everyday and bigger pockets is the best website i've discovered!

You found an amazing resource in bigger pockets.

welcome to bigger pockets @Erika Di Salvo I also live in the lower mainland.

I used the Bigger Pockets fileplace and downloaded the one-page purchase contract.

They will have to pay your fee out of pocket, and reveal it to the lender.

It may be wiser to use this money as the rehab budget for one since it's cheaper than HML as opposed to my out of pocket money to get into the deal.