I had never heard that before.. and this has nothing to do with swapping contracts but actually advertising and selling homes whether you own them or take the quasi equitable ownership argument.I would simply contact your State Department of Real estate and get clarification.. this could very easily be why you see no bandit signs etc.

Simply because they have more to lose.

Simply wanting to confirm when implementing this process, we will incur the expenses related to cost of closing 2 times ( once for the cash purchase and a second time for the cash out refinance) correct? 

I've no interest in commercial real estate and consider the learning curve steep enough at this point simply focusing on residential.

Eddie T is correct. 

I think you should be a little more conservative, not over the top cause its already hard to find deals in our market, but you don t want to under analyze a property and be stuck with a "not so good deal".To evaluate the vacancy rate I would use the SCHL website, here is the link,  https://www03.cmhc-schl.gc.ca/hmip-pimh/fr#Profile...However, I usually add 2-4% to the rate shown.

T.

Until that point, all costs are capitalized as start-up expenses and deducted in the year in which your business activity begins (i.e. going under contract).Otherwise, people would simply deduct tons of business expenses and never actually enter a business that generates income, therefore providing for a tax shelter which of course is illegal.

The tax lien simply gets paid off at settlement out of the sellers proceeds.

It could simply be that red flags for you is just how we do business here.