Not a lender or mortgage broker but I would say your payment will stay the same amount but you would be paying more principal than interest because the interest portion is based off the amount left owing on your mortgage. It’s not simple math with the way lender calculates interest and how often...

Not an expert here but you would only pay capital gains on the years it was used as a rental. If you didn’t have a professional appraisal done when you converted it then most accountants will just have an appreciation percentage to use for the years you used it as a primary residence. That’s...

Ya ok that’s great I’ve been doing the re-advance mortgages as well. I started in 2014 so I don’t have a lot of equity yet. When you say pay off as quickly as you can. Are you paying off with the property itself from cash flow, refinance or something else? And thanks very much for all the...

Great numbers Sherilynn! The renovate over time is my plan for my current single family properties as they pay down and my reserve builds up. How do you normally do your Suited properties in terms of financing? Sent from my iPad using myREINspace

I very much appreciate both takes and thanks very much for taking the time to do so. I am still very pro real estate investing and would love to trade in a few single family homes down the road to be able to get into multi family one day. I guess just looking for the next property. Can't decide...

Just thought I'd get your guys opinions on which route you prefer. I'm currently at alittle bit of a crossroad on deciding which one to move forward with. I currently have 3 SF properties and a Suited house I purchased back in April. These are located in red deer. With rents being down and...

Hey guys have been running through my checklists in the city of red deer and am looking to move forward and line up a few key members for my team. If anyone out there has any contact info for a rein member or investment property specialized realtor any info would be greatly appreciated! Also any...