I'm looking at replacing an existing $150k private mortgage on an existing investment property in Airdrie, AB. This mortgage would be in 1st position at a 60% LTV for 2 years minimum. This mortgage replacement can be cash or registered funds. Please let me know if you are interested. Any offers...

This sounds like a pretty interesting deal. One idea to protect yourself is to setup a joint bank account with the seller where your lease payments would be deposited to. The automatic mortgage payments from the bank, property taxes and insurance would come out of assuming that covers everything...

Hello, RBC Homeline does automatically readvance the funds as you pay down your mortgage. You can also divide the available credit into sub accounts for easier tracking. For instance, I have one account for personal use and one real estate investing. It's easier to track interest cost that...