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Recent content by Mike200

  1. Mike200

    How doe`s one use RSP`s to make down payment on a rent to own?

    Greetings everyone; I have several investors with funds inside rsp`s, that would like to invest in either JV buy/holds and rent to own`s. I keep hearing that RSP`s can only be used as 2nd mortgages. Or even as entire mortgages but the process cannot use the RSP as a down payment and then...
  2. Mike200

    Life Insurance on rental properties

    QUOTE (GaryMcGowan @ Jan 19 2010, 10:54 AM) With regards to JV Partners and death, I would refer to the JV agreement, Some agreements say you have to sell now, some say you have 12 months to sell, 12 month to buy the deceased partners share. some "may" buy or sell. Then there is the WILL, what...
  3. Mike200

    Life Insurance on rental properties

    QUOTE (mhealy @ Jan 18 2010, 06:59 PM) Here is a thought that no one has seem to have addressed. What about JV properties, specifically multi partner JV. We have had to address this in our company because the company shareholders are siblings. What happens when one dies? Deemed disposition of...
  4. Mike200

    My First Book

    Hi Mark; I bought the book from you last Wednesday evening and read it already and have posted some ads and have several leads for Rent To Own possibilities. Great read. Nice meeting you the other night and look forward to some more conversations. Best regards, Mike
  5. Mike200

    Life Insurance on rental properties

    QUOTE (bizaro86 @ Jan 11 2010, 12:26 PM) Does anyone know the typical terms for cancelling mortgage life insurance? We have life insurance for both my wife and I that we got through our mortgage company when we bought our primary residence. I`ve since found out that I could get more coverage for...
  6. Mike200

    Durham Real Estate Investment Monthly Meetings

    Hi Quentin; I am interested in hearing what you have going at your meeting. I am involved in investment real estate personally in the Durham region, and I am in the process of bringing some investors to the table to start some deals jointly. Please feel free to call 905-449-0880. My email...
  7. Mike200

    Mortgage brokers in Durham region, what do lenders need to see for Multi family dwellings?

    Greetings; I am forming a team to do some triplex (minimum number of doors) or larger,(considering a six plex) buying. Please advise as to the best way to "sell" the deal to prospective lenders? I have access to capital with some JV partners and seeking more. Eager to get going. Please and...
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