Any recommendations for a lawyer in BC to help me close a purchase Port Hardy? thanks David

I'm looking for a property manager in Guelph ON. Any recommendations?

I'd like to know how others do this too, and which lenders are easier to work with than others on RTO repurchases. David

This is really important information for me. Has anyone done this before who can verify the process and whether or not there are days of notice involved? thanks!

Hi Randy, thanks a lot! This has been very helpful. One of the challenges with this little neighbourhood is that the prices have outstripped the rents. Thus, it is really hard for an investor to make anything with rents so low. As such, my target customer would be a young couple or family...

Hi, The property is in Ontario. I have done my analysis on the property to account for all legal expenses, commissions, LTT etc. as per the ACRE system. The vendor will get certain benefits: a quick close, no more nasty calls from the creditors etc. What I will get - if the deal goes...

Okay, I think I'm getting it now. I can purchase the property with the tenant in it. Since I don't intend to live there, the tenant can stay. There is no written lease, so I can have the tenant sign a lease with me. However, I can also put the property up for sale again and then the new owner...

Hi, I've got an opportunity where I can buy a propert $50k below market value. There is a tenant in the house - no written lease. I understand that a tenant in a house that is sold has a 90 day period to move out if I don't like the lease or the tenant... basically the fine print in the...

I think I know the answer to this, but just want to confirm. I rented a home last March and collected last month's rent. At the end of this month, it will be one year and interest is payable on the last month's rent. According to the Ontario Residential Tenancies Act, the interest payable...

QUOTE (bizaro86 @ Oct 25 2010, 11:17 AM) Is a HELOC looked at differently than a second mortgage on a property? It seems like they`re exactly the same to me, but it doesn`t matter what I think, only what the bank thinks. If that`s an issue, surely the money could go into a 90 day GIC or savings...

QUOTE (bizaro86 @ Oct 25 2010, 10:37 AM) Could you secure the second on a different investment property? For example, if you already own "Property A" at 70% LTV, and your partner is willing to lend to you up to 90% LTV, you could borrow 20% of the value of the property, secured by a 2nd mortgage...

Looking for your thoughts on this... I have a private lender interested in providing investment funds in the form of a second mortgage on investment properties. The idea is that I locate, purchase and manage the investment property. He provides the downpayment, but instead of being an equity...

Sixty percent of my portfolio is RTO and I`m looking to increase that. It`s a model that has excellent cashflow, which is what I`m looking for at this moment, and minimal pain in the butt factor. But I also like the buy and hold strategy for building equity. The success of RTO depends on finding...

Hi, Don`s books talk about the 110% rule and that once you have 3 investment properties, there are lenders who will begin to treat these as a portfolio and focus more on the cashflow of the portfolio than your own individual finances. Can anyone tell me who these lenders might be? I`m at the...

Hi, I`m looking for your recommendations for real estate agents in the above communities, preferably who have some knowledge of rent to own. Thanks!