Property Manager · Lansdale, PA · Member since 2021 · 844 posts · 1k+ votes
Are you changing your strategy and looking to diversify your investments this year, or are you doubling down on your current plans?
You may have more than one option below, which is great and shows your interest to diversify your portfolio. Please reply below and let us know what opportunities you are chasing this year!
My name is Lionel Saint. I’m 28 years old, and I live in Gatineau, Quebec, Canada. I recently visited a city in New York called Ogdensburg. I was really impressed with the low prices of the properties. I have always been interested in real estate, and I think this is a good opportunity for me to start my journey. I found a property 4 units in good condition all being rented at moment. The cost of the property is $140000usd and all units make $1800usd a month. I contacted local banks in Canada that do business in Canada and all require 25 % down and for the moment I only have $25000cad. I won’t be able to qualify for bank mortgage loan for this property. Is there any other way I can finance this property? Thank you!