I wanna get started in real estate. How do I get a bank to talk

work for a RE agency for 2 years. You don't need a loan for that.

>>1665966
Work overtime for 3 months and pretend that it is your average pay. Just like I did

>>1666163
I clear $2600 CAD a week atm and I have a pretty decent credit score, think they'll look at me?

The bank will probably not loan to you unless you can put down a 20% down payment.
You could also look into contract-for-deed, in which you can often negotiate a smaller down payment and a lower interest rate.

>>1666794
This

If you wanna get started in RE, OP, get your fucking license, and find properties that you can either
A: flip for a fairly quick profit
B: hold for a while and turn into an income property
C: both

>>1666777
>2600CAD
Like 24.19USD?

>>1665966

You want to be a real estate agent listing and/or purchasing homes for others OR do you want to flip houses yourself?

This is how it is in US, not sure about canadian laws.

If you are looking at taking out loans to flip homes then you will need decent capital. Buying foreclosures at auction means you need to purchase the home within a week with cash. You wont have time for conventional financing. This is where hard money comes in but usually at a much higher rate. Can be approved in days.

Or you can qualify your income and buy a house normally at market price with conventional financing then sell later.

>>1666163
This would work if you started working at another company but most underwriters would catch this if it were the same company. You would need to say you got a raise and a VOE VOI would be ordered.

File: aZK8Kfph.jpg (27KB, 400x400px)

27KB, 400x400px

>>1665966
>borrowing money to invest it

>>1667428
>what is leverage