It would probably depend on if the 'office' is attached to the other units and could be considered as one of them or not. If

One thing you can do to find other Canadian investors, or threads discussing specific topics you are interested in is to set your keyword notifications.

Some private lenders require a personal guarantee, and some do not. If

Don't quote me on that I've got so much going on.....I get email notifications that keep me in check. :@)

Notification periods change but as the landlord you have more control over the property.

In addition to what Josh said above, for someone that has 75% equity in the property, I would imagine he could could sell it at well above what is owed, thereby protecting his credit and possible putting money in his pocket.Of course, if you're just asking if it's possible to pull lots of money out and then let it go into foreclosure, that could potentially be considered fraud (though I don't know if anyone would come after you or not).If that was your intent, you could probably do a cash-out refi more easily than a reverse mortgage to accomplish the same thing.

Many will not / if their spry and have like three items then likely higher.

@Steve K.Thanks a lot.I found it just before I got the notification for your reply lol

In other words, to make $25K on a rental would require a better deal than to make $25K on a flip, taxes not factored in.Using realistic assumptions, you'd likely find that wholesaling is the best IRR, and fix and flip is likely the next best.Not to say rentals aren't a great path to wealth, but not if you're only only them for one year...in that case, they are just more expensive flips with better tax benefits.

I guess the issue would be having the ability to field leads that come in and also determining whether they are in your target market or not. If