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Alberta Tax Sale Properties / Re: Real Esteate Investment in Canada

« on: September 24, 2008, 04:50:59 AM »

You should be able to get 100% financing (or close to it) on investment properties. Make sure you buy with as large a margin (as much below market value) as you can. Sell quickly. This means having a marketing strategy, and selling slightly BELOW market so your property is bought before other similar properties and you aren't paying interest meanwhile, waiting for yours to sell. Time your purchases to put on the market at the beginning of peak demand season for your area (maybe summer). Minimize your transaction costs by doing things like being your own Realtor, and if you can - fund your own loans so you don't have to pay loan origination fees, closing costs, etc.