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Need real estate investment advice?
I have recently come into a little money, and want to start investing into real estate. My delima is that my income, and debt leaves me in the low 60,000 range for a property. I found a property in a college town where I can make money off of the rental, and the house its self is 30,000 under its appraisal. Heres where I am. A. Do I buy it? and B. How do I buy my next property, and how soon can I finance it. C. Do I need to refinance this house to pull equity when purchasing my next? and if so how long do I need to wait to do that? All answers and advice would greatly be appreciated.

Buying first property/ real estate investment, advice please? Land or Condo?
Im contemplating buying my 1st property in 2009. I am in a serious dead end between choosing a Condo in a densely populated, high night life, downtown city, waterfront area ....or....leaning towards a house in a more rural area with more than a handful of acres. Assuming both of which would be the same price after pricing and taxes and insurance, which would be the better longer term investment?

Real estate investment advice: Toronto condo market?
I own a < 600 sq ft condo townhome in Toronto. I want to purchase a new condo pre construction , move in when it's ready and rent my current condo. How do mortgage lenders treat single condo owners in this situation? How does pre construction purchasing work? If you have experience with this, please share. Thanks