If I go ahead with finding/purchasing a duplex in the next few months, will it affect my chances of approval for the car loan by the end of the year?

(Meant to repeat myself)Hope that helped.

I have found repeatedly that my "1% deals" have been far more profitable and infinitely fewer headaches than my "2% deals" ...

Start building up that equity a little sooner and jump on another deal after a couple years and repeat!  

Obviously, there are a number of other factors that can affect the success or failure of an investment.

@Roy N.After some reading I also came to the conclusion that unless you're credit is excellent, you will be subject to fees from 0.5-2.0%, however I feel this must be negotiable consider expected repeat business.Unfortunately there are no such live-in opportunities in 2 - 4 plexes in Vancouver at any sort of reasonable price point.

Example: buy a distress property , muiti units for 300k, ARV is $500kdown 20% = 60kclosing fee 5krehab 45kCash out 70% LTV x 500k = 350k350k -240k owe =110k cash outcash flow lets say around $500 monthlyand decided to repeat .Should I use the 110k cash out  to buy 2 properties (300k) eachor should use all the $110 to down for 1 properties?

The investor is a family member and does not want to be on the title, they just want to  make their interest and repeat

Do these issues gathered from the grapevine merely affect the price during the negotiation stage?

The house has an HECM, however, and I don't know how that affects the negotiations.