How to Flip Houses in Toronto


How to start investing in real estate with none of your own money:

Flipping houses in Canada is a little bit more tricky than flipping houses in the USA, but it is still an extremely lucrative business and the fastest way to make six figures as a full time real estate investor.

The key to flipping houses in Canada is to buy low and sell high.

To buy low in Canada, we need to locate motivated sellers.
Motivated sellers are people who have problems and usually fit into one of the following 3 categories:

The 3 D’s

Death – Estate sales, probate, widows, widowers, inherited unwanted homes, people who die suddenly become extremely motivated to sell and typically sell wholesale or privately without a realtor.

Divorce – High emotions equal low intelligence. When people are getting divorced, they are not interested in getting maximum equity out of their home and instead usually fire sale their property just to “get out” and move on.

Downsizing – People who lose their jobs become extremely motivated and will often sell for less just to avoid foreclosure and bad credit. Intercepting a pre-foreclosure before it goes through the foreclosure process is the best way to capture equity.

Once you have located a motivated seller you can now make a bid to buy wholesale.

What is wholesale real estate? Very simply, wholesale real estate is typically bought at an additional 5-15% discount because there is no “retailer” or realtor involved. As soon as realtors become involved and a property hits the MLS, all wholesale opportunities for equity typically vanish.

To make money flipping houses in Canada you want to follow this formula:


  1. Hope you paid your taxes. If not the CRA in conjunction with Terion will be coming for you very soon. New multi-level macro program will catch you going back 10 years. Recent charge-backs have been HUGE: taxes + interest + fraud penalties = in excess of $50-70K. They have been charging back on deals done 5-10 years ago.

  2. Sadajit Singh Bamrah
    Sadajit Singh Bamrah
    1 second ago
    SELL YOUR HOUSE NOW> Government bankers and builders are cohoots and scratch each other backs. People started to sell their expensive property and moved into small houses and started to live the life of king without work. This is not liked by this trio because this group is entitled to enjoy profit and want the people under debt and work work and more work (DEBT BASED & WORK ECONOMY).In order to reset, interest is raised and more interest raise around the corner in first week of november then next year.Government want property down by 40% In doing so govt will not loose anything. SELL YOUR HOUSE NOW & SECURE THE MONEY BY BUYING PHYSICAL GOLD.


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