Hi, I`m looking to hear from people who are in the fortunate position to get fully discounted rates from the banks on their rentals. I`d like to hear what people are getting on 5yr open variables and closed variables. One of the mortgage professionals I work with (Scotia) are offering .75 below...

Hi Tony, I too am someone trying to learn quick turn real estate, and rent to own strategies. I would really appreciate it if you could email me your scripts, when ever you get a chance: [email protected] Thanks for all your posts on this site, your a big help to alot us! Cheers, Tom

Thanks Ryan & Scott, I`ll PM you both. Cheers, Tom

Hi, I`m considering purchasing a 4-plex in Lloydminster with 4 three bedroom suites (on the Saskatchewan side). I was wondering if there is anyone presently investing there, and would care to comment on the situation there: current & future economic fundamentals, vacancy rate, Alberta side vrs...

Hi Kate, The CRA offers a GST rebate on new rental properties, heres the link. http://www.cra-arc.gc.ca/E/pub/gp/rc4231/rc4231-e.html Tom

Hi Elizibeth, Thanks for the reply, I will give your broker a call. Tom

Thanks everyone for your comments, Tom

Hi Mike, Thanks for the advice, I agree 100%. I had a good mortgage broker but he has recently changed careers, so I`m looking for a new one whos experienced with rental properties. If anyone`s (someone with over 4 properties and not incorporated) and recently got a 40yr amortization on a...

Check out www.rentcheckcorp.com , I use this site to do credit checks on my tenants, it works well. Good luck, Tom

Hi, Anyone know if its possible to get a 40yr amortization on a rental, without having to pay extra fees or a high interest rate. I`d like to put 25% down, on a 3yr fixed, with an interest rate no higher than 5.9%, with a 40yr amortization. The broker I`m dealing with can`t find me one. She says...