Looking for a Mentor

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Looking for a Mentor

Asha McCracken
Member since 2024 · 3 posts · 0 votes

Is anyone willing to get on the phone and let me pick your brain?

Looking to chat with someone who is experienced in creative financing within Canada. I'm interested in 'subject to' or 'seller financing'. My goal is to get into a multi family investment using creative financing. 

I would really appreciate your time. Thank you!

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  • Wendy PattonBusiness Member
    Real Estate Consultant · Clarkston, MI · Member since 2009 · 864 posts · 350 votes
    2y

    Also I have taught lease options in Canada multiple times but my understanding is Subject Tos in Canada are not permitted at all.   Feel free to reach out if i can help you out but agree much more then a call...maybe read my book to get started with a good understanding of both topics. 

    Michigan Real Estate Investors540 Reviews
    WebsiteView Page
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  • Stevo Sun
    Calgary, AB · Member since 2021 · 327 posts · 176 votes
    2y
    Quote from @Asha McCracken:

    Is anyone willing to get on the phone and let me pick your brain?

    Looking to chat with someone who is experienced in creative financing within Canada. I'm interested in 'subject to' or 'seller financing'. My goal is to get into a multi family investment using creative financing. 

    I would really appreciate your time. Thank you!

    Subject to is not allowed in Canada. You would look for 'vendor take back' or 'agreement for sale' instead.
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  • Asha McCracken
    OP
    Member since 2024 · 3 posts · 0 votes
    2y
    Quote from @Account Closed:
    Quote from @Asha McCracken:

    Is anyone willing to get on the phone and let me pick your brain?

    Looking to chat with someone who is experienced in creative financing within Canada. I'm interested in 'subject to' or 'seller financing'. My goal is to get into a multi family investment using creative financing. 

    I would really appreciate your time. Thank you!

    I don't mean to burst your bubble, but creative finance is more than a phone call. Beside I think you are limited to 5 year mortgages are you not? That would require more planning and a different approach. I'm always happy to talk though. 

     Thank you! Even that is insightful. Looks like I have a little more research to do. However, I will keep you in mind, because I still wouldn't mind talking to someone about investing.

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  • Asha McCracken
    OP
    Member since 2024 · 3 posts · 0 votes
    2y

    Thanks @Wendy Patton I'll read it!

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