In this TGIF Two Girls Investing Friday episode, Colleen & Jess continue their real estate series by focusing on how to access a down payment for rental properties that typically require 20% down. They share personal money wins and lessons about resisting unnecessary purchases, including returning clothes and missing an electronics return window. Jess explains how profits from selling a renovated Calgary home became invested in her TFSA/RRSP, grew over about six years to $60,000 with continued monthly contributions, and helped fund a 20% down payment on an Airbnb rental alongside her husband. For a second property, she describes saving again and using refinancing to pull equity from the existing rental, outlining how lenders may allow borrowing up to 80% of an appraised value, how payments and interest rates affect the decision, and that proceeds are tax-free but accrue interest. They also discuss Whitehorse’s low vacancy rate, high rents, and choosing to rent below market to avoid gouging, then tease a future episode on portfolio diversification.00:00 Welcome to TGIF00:34 Real Estate Series Setup01:10 Money Win Returns02:41 Return Window Lessons03:50 Mindset on New Outfits05:42 Down Payment Story08:15 Using Equity Refinance09:11 Refinance Math Explained11:06 Payments and Rate Risks14:12 Rental Market Ethics15:57 Impact and Money Mindset18:33 Wrap Up and Next Episode

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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