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    looking for a referral to a realtor in kitchener-waterloo

    Hi everyone, we're looking to get to know the Kitchener - Waterloo area and looking for a referral to a realtor that really knows the rental market and the different neighbourhoods. If you, yourself are a realtor then a reply is welcome, however i'd prefer a third party recommendation from a...
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    Student Rentals - Any suggestions on refinancing?

    I must still be missing something here if you are suggesting that I "save up the money and some of your own and buy another property" without having access to the equity in the house. Just saving the house income along with what I'm able to put aside right now would take a decade to get enough...
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    Student Rentals - Any suggestions on refinancing?

    You might remember my previous post about my current rental property, where I was debating getting a HELOC or selling the property to start fresh. Well, now I seem to be a bit stuck! Listed the property for sale in January and haven't received any offers... Nobody is debating the price...
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    Stick to my current plan, or is a second mortgage a better route?

    I've done some work to improve the value/condition of the house but nothing substantial enough to warrant a huge increase like your 50%! Sherilynn thanks for your input, that's what I was afraid of but since I've never reassessed a home for a refinance I needed to ask. that reaffirms my...
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    Stick to my current plan, or is a second mortgage a better route?

    The answer is always C! The one thing I am still wondering is about the home value used for the HELOC, is there an appraisal done on the house when I apply for a HELOC or is it the original purchase price (since it was less than 2 years ago)? If it's an appraisal, how likely are they to...
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    Stick to my current plan, or is a second mortgage a better route?

    Wow guys, thanks for all of the quick feedback! I knew I came to the right place. Lets see if I can clear up a few questions and explain my situation a bit better. First of all, I didn't realize you could get a HELOC on top of the mortgage, I thought I would have to break the mortgage and...
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    Stick to my current plan, or is a second mortgage a better route?

    Hi there, new to the forum and haven't found much talk about this topic so I figured I'd ask. As a bit of a background, I've got a rental in Hamilton that I bought 2 years ago with a nice sized down payment (60k). I've been doing a lot of research lately and am getting ready to start looking...
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