You may need to mitigate your losses(ie trying to rent it out) read the tenancy laws. Start advertising as soon as you can
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Typically you would put all your costs down and tack on 15-25% to find your sale price, building a home sounds easy but you will get hammered if you mess up the process. If you want shoot me a message with your phone number and I can walk you through some of the process.
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I was talking with the local credit union, she said because I paid cash and owned it less than a year She would only lend on the purchase price. This the case all around ?
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What is the best way to get a mortgage for a small 6 plex. Est value 450K. Talked to mortgage broker they charge 1-2%
That normal ? There a better way to go about it; approach credit union ?
Not to sure how cold it gets there and if you run NG or electric baseboard heat. I’ll try to answer in order of your questions;
Foam vs Roxul - spray foam is good for moisture issues but if it’s just for insulating and noise reduction fibreglass batt insulation is just as good as any. There is...