QUOTE (fumbrunner @ Apr 15 2010, 10:02 AM) The article below explains the changes to CMHC`s TDSR calculations. Investors should take the time to see how the changes affect them. There is also a few recommendations (and I stress a few) to assist investors in obtaining insured financing going...

here is a link to video http://www.bnn.ca/news/15711.html

QUOTE (Smitty @ Feb 9 2010, 12:46 PM) Don`t think I will give you a break. No, I am not a realtor. Just saying that the broad brush you painted Brett with with, including your vast generalizations, don`t apply. All Brett was saying is he asked for the tone of this thread to be discussing the...

QUOTE (MONEY @ Feb 8 2010, 07:39 PM) Is this what you would like to say: http://tinyurl.com/y993mys Good find even though it is old and somethings might have changed. Now there might be no discussion allowed and back then they were??? I hope that all realtors on the forums will discuss this...

Want to hear how many are for and against this Do you believe that if passed it will make it more competitive and cheaper like what happened in the US I will believe that it will help us and others out because it will give us access to what realtors have access too I will still use a realtor...

Ok went over it with the family this weekend and looks like we can come up enough money that we dont have to take a VTB with the sister. It will funded with 80k mortgage and gift If you have anymore questions or comments feel free to post LMP

QUOTE (BrianPersaud @ Feb 5 2010, 09:32 AM) VTB would be a second mortgage and the lawyer for the seller will register it on title... to clarify, no bank will give you a line of credit for the difference between your $80k and the $125k....this 2nd mortgage will not show up on your bureau Good...

I sent you a reply through your site hope to be talking soon Here is some info on what I was looking at a while ago I start posting about half way through the thread Hi fumbrunner, The RRAP program comes in a number of flavours (Conversion of commercial, Rehab of existing...

QUOTE (GaryMcGowan @ Feb 4 2010, 07:10 PM) Does your sister need to have cash today? If so you could transfer the gift to her which would become your equity in the property. Can she stay on title and mortgage? You make the payments + taxes + ins. She would hold the mortgage for you. You...

QUOTE (BrianPersaud @ Feb 4 2010, 06:45 PM) Just to clarify, you will assume a mortgage for $75k and the owner will give you the rest on a (up to $125k) vtb?!?!? if so Why do you have to borrow anything from family? Take it NOW, this vtb is like a free loc not against your bureau. Go to a...

No your response is informative and I will try to answer the questions to my best abilities I am young(22) and we actually been turned down mostly everywhere(mortgage brokers and banks) for a mortgage basically because I am self employed and less then 2yrs experience. My girlfriend has a 9-5...

Ok I am looking at this kind of family deal and looking for feedback House is 5bed 2 bath in great part of town 15min walk to college(2min drive). House is great condition just needs fresh paint and that`s about it Sister bought house for 86k 6yrs ago and now owes around 75k Sister is...

QUOTE (fumbrunner @ Jan 17 2010, 09:55 AM) First off, they are taking closer looks at tax returns that claim capital gains from the sales of properties. If you are not claiming income or capital gains, I do believe that large deposits at financial institutions get flagged. I could be wrong on...

Heres a great CBC Market Place Report that we send to our clients. Created Feb 2008 but still opens your eyes, we just use it as a comparison of our products vs bank products Here is main link to the report http://www.cbc.ca/marketplace/2008/02/06/m...nce_not_always/ Video link only seems to...

QUOTE (ThomasBeyer @ Nov 26 2009, 12:05 AM) A few options: a) you can buy insurance that pays out on your death and covers taxes ! b) you can create a trust c) you can hold properties in a corporation with multiple share classes. Many options to research that have tax, estate and cost...