I want to invest in real estate but I can't afford a down payment

[QUOTE="tsznecki, post: 5319340,

You should stick to commenting on things you know about.[/QUOTE]
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Go ahead + move put of the basement\while you know it all/LOL:D:D:D:D:D:D:caution:
 
murray t turtle said:
[QUOTE="tsznecki, post: 5319340,

You should stick to commenting on things you know about.
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Go ahead + move put of the basement\while you know it all/LOL:D:D:D:D:D:D:caution:[/QUOTE]
Your wife seems to like it just fine. Says it's better than the cardboard box you rent behind Wendy's.
:rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:

You have been trading for what 30+ years? And you still don't have enough to retire? What a loser.
 
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OptionsOptionsOptions said:
As of Feb 2021 the average home price in Vancouver BC is now $1,279,660 and median days on market for a home is only 24 days. That's a big increase in 6 months.

You can consider a mortgage broker and private lender - they will be more flexible on the down payment and employment situation but the interest rate will be higher. Usually it's a 1 year term amortized over 30 years, interest payments only. That gives you 1 year to arrange a mortgage through a bank - the private lender will renew for another year if necessary.
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Sounds like a great place to live /if one wants to stay there all the time/rest of life. Best to pay cash\not that i would want to pay that for a home ,even with my financial goals exceeded.
I like the idea of a home with 10or 100 acres/lower property taxes .
Some body has to pay topping price+ excess property taxes\not me.
Of course if prices jump to 7 million,may never get out========not a prediction.I have bought plenty of overpriced stuff so \takes all kinds to make a market.....................................................
 
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