Quote:
Originally posted by brizzad
edit: it wouldve been funnier if my carlton sheets image wasnt hotlink protected
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Sure woulda. There's some banks in Canada that will include downpayment in your mortgage, but why accrue more debt if you can start off with a little less debt, and still have money for the work required to split the property up?
We've got 6 rental properties now (houses splits into duplexes) all with that theory and have no issues and the mortages are being paid faster than scheduled.
Real estate is good money if you can get in near a university.