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about 1 year ago
David, when i was first in the real estate development business in Edmonton, Alberta Canada i recognized the value of just the program you invented for yourself. I created a program of duplex building where we got a wealthy doctor type of person to invest in buying the land for me to build a duplex on. There were substantial tax advantages for the investor so we got the tax incentives to him and got him to take a minimim return on his funds of 10%, We then found a buyer who would be able to buy the entire duplex with a 5% downpayment and rent the other side which made enough return to pay the entire mortgage payment. i loved that plan and we were so successful in marketing it that we moved to several other cities. So there you are – proof that you have found a time tested idea that works,. Bravo!