Obviously there are some pretty big differences between what is possible on the Canadian and American side, but it is good to have a comparison of both to see the advantages and disadvantages of each side.

The "Conventional" loans (Fannie Mae and Freddie Mac, if you recognize those names) have a rule of 75% Loan Limit on the home in comparison to how much it's worth - other wise know as "Loan-to-Value".  

They need to start cultivating good financial habits and attitudes such as saving, comparison shopping (within reason), practicing self-discipline by delaying gratification, etc.

“This is the worst crash that we have experienced, now even in comparison to the Great Depression, partly because it came so quickly and cut so deeply into our economy.”Wolf noted that before the pandemic, which led to massive unemployment and economic decline, half of Americans were not prepared to handle an unexpected $1,000 expense.

While there is absolutely no rental track record, he estimates the potential (and the word potential is important here) rental income at a very attracted level based on comparisons with places like Hong Kong, Singapore or Dubai.

Originally posted by @Account Closed:I'm really not sure where the comparisons come from with Excel, or Goog sheets.

To be clear, we still haven't ever gotten 100% back out of any of our BRRRRs, but thats only because the money was easier better to take out of another property, often the one that the initial investment/refi helped us buy.Rather than trying to live up to the pace set by some podcast or poster on a forum do what feels right/good to you and save yourself the comparisons. 

I think that's the main argument from their side, "Hey, yes the mentoring might look expensive at first, but then again, it's actually cheap in comparison to the amount of value you are getting.

Most of the insurance companies I currently deal with don't insure 5+ buildings so I am not sure what the rates look like in comparison.  

For a total of $880k ...and still growing.I am trying to follow what you are saying, but I get lost at how you total up the comparison.