All Forum Posts by: Taylor Paterson
Taylor Paterson has started 1 posts and replied 4 times.
Post: Brand new landlords in Burlington, looking for advice
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Awesome, thanks. I wasn't sure about the minimum in Ontario. Good to know. House hacking is tough with a wife and dog and life in the GTA. However, definitely willing to invest outside the GTA and Brrrr. This market is scary, but I guess you just have to find the best deal and make a move!
Thanks for everyone's input.
Post: Brand new landlords in Burlington, looking for advice
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How long have you been in your house hack? Is there a minimum?
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Post: Brand new landlords in Burlington, looking for advice
- Posts 4
- Votes 0
All great advice. Thank you.
I've been looking into KW and London. Sudbury seems far, however I keep hearing good things.
Is it difficult to be cash flow positive with only 5% down?
Post: Brand new landlords in Burlington, looking for advice
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My wife and I bought a townhouse in Burlington 2 years ago. We are renting it out and moving into my father's basement apartment (cheap rent). We plan to use the Brrrr strategy on our next property. Looking for a single family or duplex to Brrrr.
Any advice on location? Outside the GTA oviously. Also, ideas on generating capital for the investment would be greatly appreciated. We plan to possibly use a HELOC plus some of our own capital.