I concur with the idea of initially eliminating non-deductible debt, however, one situation that can result from doing so it the issues with debt servicing. If I continue to use my LOC for investment purposes and use all income/profit/etc uniquely for the purpose of paying down principal, all...

Which is better and why? scenario: You make 60k after selling a property. You... a) pay down your open mtg to increase your home equity line of credit (heloc) b) pay back your heloc (assume you`ve used at least 60k from your heloc) You do plan on using that money...

Which is better and why? scenario: mtg=200k and pymt=5k (accelerated payments, to payout house earlier) amort=25y mtg is presently in the form of a line of credit (loc) (interest only pymts) the loc may be used from time to time, so if it was changed to an open mtg, a loc would have to be...

http://www.rentcheckcorp.com Has anybody ever used this service? Would you recommend becoming a member?

Where would I post a note for sale?

Hi Neil, I agree with Brenda. I have a acquaintance who says, run your business now like you want it to run 10 years from now. Free up that time for greater potential profit endeavours. I personally agree with Donald Trump and Gary Eldred who say that you should start out doing your own...

If you`re looking to do a JV, you simply have to put a post like you just did. My JVs come from networking. When looking for a partner, you need to find out what the investor`s credentials and history are: what is his/her experience with investing and in JVs. You must ensure that your...

I figured that the best (and hopefully the most acurate) answers would come directly from Equifax, so I called them (1-877-323-2598 - be ready to wait a loooooong time) and got these answers: 1) Every pull counts, irrespective of the time period. However the effect is relatively insignificant...

Simon, What you are describing is simply an offer to purchase with a long possession date (in hopes of doing a simultaneous close). In an agreement for sale, the seller would agree to hold financing for you, as if she were the bank. She would therefore still be ahead of you on title and...

I work with many REA and they don`t seem to have a problem with that. I bring each of them business. If they find me a deal, I will deal with them for that particular property. I`m clear about my intentions and they are fine if I am fair with them. Concluding any transaction should be...