Updated over 4 years ago on . Most recent reply
Starting with 80k in Funds
I have around 80k saved up... and was looking to buy a property for cashflow. Never owned real estate before, so open to anything - Alberta, Maritimes, USA... I live in Vancouver and nothing I can buy there.
Most Popular Reply
@Jeffrey Kay a $80K down payment at 20% LTV average gives you the power to acquire a $400k property. What's your end goal? Why are you investing? What does cash flow mean to you, and how much of it do you want? You can but $80k down on a $160k condo in the valley and it will cash flow, but you can also use that same $80k to bi a 4-plex in the maritimes or a 6-plex in some US markets. Lots of options to consider.