All Forum Posts by: John Wesbrook

It amazes me how much this government is trying to screw over Canadians and make it harder for them to own real estate.

Everything I've found through my own research has frustratingly been about how to get into affordable housing as a renter rather than how to list a property as a landlord.  Where can investors find information about how to offer their properties under public housing programs, how much the government will pay the landlord based on unit size and so on? I am based in Ontario. If any investors on here own public housing units, I'd be very interested in hearing your experiences as well. Thanks

I've run the numbers on a couple of listed properties and they would be cashflowing decently if I was making interest+principal payments every month. I'm interested in two-year interest only payment option because that would allow me to build up capital faster for a subsequent investment property acquisition. 

Hi guys,

I'm currently aggressively saving for a down payment with the goal of getting into the student rental market. Once I get my first property, my goal would obviously be to maximize cash flow. In that regard, I've heard of financing terms in the US where the lender allows you to only make interest payments for the first two years of the loan and start paying down the principal from the third year onward. Are such terms typically available to first time buyers in Canada by the big five banks? 

Thanks!