Quote:
Originally Posted by dabosh
if by entry level homes, you mean the most affordable, then in my area they would generally be around $200,000 cdn...for me to acquire a property like that would take quite a bit of time and saving.
|
I didn't realize that you are Canadian. That makes a big difference in financing. I think that Century21pei had the right idea to buy an inexpensive house and rent it with friends. Realistically I think that you are going to have to suck it up and work for a small down payment to make it work. Unless you have a close family member that will loan you the down payment money until you eventually sell the house and can pay them back.