QUOTE (Dia @ Oct 8 2007, 11:11 AM) Hi im new to the real estate market and will be purchasing my first income property. My question is, is it better to put zero down and save the my down payment or put as big of a down payment as I can? I was also wondering about the amortization period is it...

QUOTE (cmjxj @ Oct 8 2007, 10:06 AM) Hello all, I`m new to this site, and fairly new to RE investing. I recently read Don Campbell`s 97 tips book which led me here. I`m hoping to get some of your opinions on my situation. Appreciate any insight you can provide. I plan on building a rental...

I think that this is a great oppertunity for your friend. Of course, in order for you to benifit why dont you JV on the cottage so that she does not have to use a LOC or equity loan for the down payment. You could give her half of the down payment or so.

I am 25 years old and bought my first home last summer in Chilliwack BC. I am passionate about real estate and am excited to purchase my first investment property (my goal is January 1, 2008). I plan on purchasing many properties in the future in the bank will allow it and if i can find JV...