Posted by chris on April 19, 1999 at 05:29:57:
I am operating in Canada and I can see how to buy houses no money down but besides property taxes, which you can pay as you go, there is a “land transfer tax” when property changes hands. How can you get around this, for instance, on my private residence I now own, I paid just over 2000 dollars land transfer tax. I can’t see how to get around it, or spread it out. If there is no way around it then you can’t buy property truly no money down in Canada.
Anyway, thanks for the advise in advance, any information would be helpful.