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    Chatham - Kent Property Manager Recommendation

    Hi, Anybody currently own rental properties in Chatham-Kent, ON that has a good property manager to recommend? Thanks, Ivan
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    Partnership breakdown of profits from a house flip

    Hi bb2, thanks for your feedback. When you say "for flips you cannot get a mortgage" Did you mean I shouldn't get a mortgage? Or you mean banks won't give me a mortgage for the flip? Thanks
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    Partnership breakdown of profits from a house flip

    Thanks Cory & Matt, I do appreciate your feedback.
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    Partnership breakdown of profits from a house flip

    Thanks Yesman and Thomas again. I will definitely read those articles you pasted
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    Partnership breakdown of profits from a house flip

    Thanks Thomas for your reply. The person forking out 20 - 35% down would be partner number 1 (getting the mortgage) Technically Partner 1 & 2 (Renovation money) could be considered the same partner (its a couple), but I figured if I broke it down more specifically it would make more sense who...
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    Partnership breakdown of profits from a house flip

    Hi, I have recently been approached to partner up on flipping a house. Here is the situation: - One partner will be getting the mortgage and title under their name - One partner will be financing all renovation costs - One partner will be doing and over seeing all renovations - One partner...
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    Best Mortgage product for House Flip?

    Ok, I will look into Private Lenders. Don't have enough assets to go the secured LOC option at this moment. Thanks for the insights Thomas!
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    Best Mortgage product for House Flip?

    Thanks for the reply Thomas. When I say "Best" I meant less hassle. Had a really stressful experience with the last mortgage (with 1 of the 5 major banks in Canada) Even though I was up front with my intentions that I was going to fully renovate and sell, they put me on a personal mortgage 25%...
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    Best Mortgage product for House Flip?

    Hi, I did a couple house flips in the GTA area, each time using my personal name to get a conventional open/variable mortage. Just wanted to ask the community if anyone know of a better mortgage product out there more beneficial for house flipping? Considering purchasing under my corporation...
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