It would also cost about $5k per unit to furnish it - this isn't that big of a deal but it is worth considering.What would you do?

Despite the appeal of leveraging debt for wealth expansion, the security and certainty of a fully paid home offer compelling advantages for many.Pro tip:I look at the metric ROE, Return on Equity over ROI, Return on Investment.ROI = (Net Operating Income/ Total Investment Cost​) × 100ROE = (Net Operating Income/ Equity​) × 100For me, what is best for you is dependent on what stage of your investment lifecycle you're in coupled with your risk tolerance and personal financial goals.With Discipline,Josh

I love the idea of not talking to someone and only paying a cut if it works out.

These are all things that do not cost money and maybe can do a little family bonding walking the neighborhoods and writing down addresses.

Personally, I know a LOT of people are expecting cuts to start happening in June but with the spring market being hot here in Winnipeg and with the recent carbon tax increase I could see inflation staying high forcing the BOC to keep the prime rate where it is.

@Joaquin Camarasa+1 also trying to implement BRRRR in Spain, Barcelona area (Vallès).

An absolute headache to deal with due to corners cut by the builder (we are outside of the build warranty). 

On the flip side of that, someone else is lowering your cost of housing, it's a mutually beneficial situation.  

Should I talk to a contractor first to see what it would cost, or an appraiser to see what they would think it would add in value to the home? 

Closing costs would be around $16,000.