My preference is always to refinance whenever possible, and where it makes sense cash flow wise on the refinanced properties, rather than only use the a secure LOC against each property. Especially if you a truly committed to buying the third property.
Good Luck,
Quentin
I would hookup with Jeff Woods in the Niagara Area.
Jeff Woods,
Woods&mazzulla properties
www.wamproperties.com
My other suggestion is that you pickup Julie Broad's new book "More Than Cashflow"
Take Care a nd Good Luck,
Quentin
Not sure why - but I can't seem to add a post to the following discussion.
http://myreinspace.com/rein_members_only/Ask_An_Expert/82-26852-132421-How_should_I_structure_this_deal_properly_for_a_refi.html#132421
Any reason for this?
Thanks
Quentin
Hello All,
Let's balance the playing field and end the rent games. We need you to
support the lobby to amend the Residential Tenancies Act and change the
rules for filing appeals. Thank you if have already supported the
campaign.
Few landlords realize they could easily find themselves...
Hi Susan,
Pickering is the easiest of the three you mentioned. You can check out my REIN presentation if you subscribe to the newsletter on my web site and I think there is still a copy in the downloads section of the REIN site - February 2012.
I put in a lot of local stats and...
Hi All - My brother in law is going back to school to Teachers College
at Queens University in Kingston. He is looking for something within
walking distance of the university. He is married, owns his home and
has a established job history. He is looking for something for
September 1, 2012...
December 6, 2011 1:00 PM
McGuinty Government Proposes To Stabilize Rent Increase Guideline To Protect Tenants
Legislation to be introduced today would, if passed, ensure that the annual Rent Increase
Guideline is capped at 2.5 per cent to protect
tenants and families.
The
proposed...
Hi All,
I wanted to find out if anyone had every used a Power of Attorney in order to secure a property when a seller has no equity in their property instead of using an AFS. I had heard about other investors that are using this method but wanted to learn more about it.
Has anyone used...
Hello Paul,
What's your goal from owning a portfolio of real estate? If we understand more about what you are looking for you might have better success with regards to strategies towards success. Its not a race to own x number of properties but the end goal that's most important.
Take...
Hi Warren,
Both provide information to get you started. The home study program is much more detailed. Start with the book and if you feel that you are looking for more go for the ACRE course.
Take Care,
Quentin
Last two purchases this year that we made were from leads that came from Kijiji and Craigslist. This is for the Durham region and not KWC. Where the sellers are motivated and didn't post on paid FSBO sites.
Take Care,
Quentin
Another person with NetFirms Business. They recently upgraded there MYSQL DataBase Servers and I have noticed a big increase in response time across the different DB based sites that I host. But I`m hosting 10 DB based sites and 10 other non-DB based sites.
Avoid Globat and...