I was trying to calculate my rental properties’ performance. I live in main floor and tenant in downstairs legal suite. Mainfloor is 1800 sqft, suite 600 sqft. 2 persons up and 1 tenant downstairs. We pay utilities. Total costs including mortgage, insurance, tax and utilities is about $3000...

Hope your son gets better. Thanks for sharing. Sent from my iPhone using myREINspace

I have very good experience with discounted realtor. He does mere listing and cash back for pre sale condo. He is a big advocate to reduced realtor fee as he said technology actually reduced his work a lot. He does not spend that much time any more. My personal view is not about the big firm...

thanks Sherilynn, and everyone who took the time to read my questions and replied. really appreciated that so many veteran real estate investors took the time and provided comments to new members. I have used up all my cash in my first condo in Victoria, so if I want to continue investing, it...

thanks Matt. I am refinanincing my current residence (mortgage portion and HELOC portion), get a larger amount of mortgage, payout the current mortgage and get additional $90,000 cash from the mortgage portion as the downpayment for the property I am current buying. this is not 100% financing (I...

thanks Martin, you are right. It will be hard to cash flow on 100% financing. I will get the refinancing now and focus on the current deal first.

thank you so much especially on your warning of ensuring cash flow. I am from Calgary...weak market. It seems I focused too much on the rate and lost bigger picture a little bit. I will get the refinancing done this year and will stick to the number and not just try to pursue the number of...

I am trying to pull some cash from my residence home to fund the down payment of my 2nd rental property. I was recommended to refinanicing my residence (due to renew in May 2018 with 2.5% variable rate) and put a fix portion of mortgage (get downpayment from this portion) and a HELOC, then use...