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Recent content by Choda

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    10% return on 61LTV 2nd mortgage in Fort McMurray

    detached home located in Fort McMurray, ABproperty value $710,000 as per current appraisal done for TD Bank (report available upon request)1st mortgage $438k with TD Bank2nd mortgage required at $82k LTV will be 73% borrower has good credit (full package for serious investors) owner occupied and...
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    Need Creative Strategies on High End Home

    it seems like your vendor just wants out and is happy to cash in at $750k. considering his motivation, you may want to think about offering close to asking price and requesting a very long closing. perhaps May-June or even longer. This give you flexibility to potentially assign the contract or...
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    Moving to Edmonton

    congrats on taking such a bold step and welcome to the club. I myself moved here from Toronto 2 months ago leaving wife and family behind to establish an Edmonton branch of our mortgage company and personally manage our portfolio of properties. (we really had a challenging time finding and...
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    I am starting to think I should sell - My TV!

    I know this firsthand. A few years ago, before joining REIN, I bought an "investment" property in buffalo for $20k cash! (no fundamentals whatsoever, the downtown is actually a depressing and scary place). Sure it was cheap as heck (you can probably get houses in buffalo for a $1k now through...
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    Direct Buy

    http://www.ripoffreport.com/reports/0/175/RipOff0175914.htm have a couple friends that were scammed into this. I managed to pick up the same mid range (kitchenaid, not subzero) appliances for a whole lot cheaper by going to sears liquidation centre and buying stuff that had a little scratch or...
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