QUOTE (invst4profit @ Dec 23 2009, 11:20 AM) I know that some LLs offer rent rebates for such things as paying rent on time etc and am interested in knowing if Ontario LLs are offering anything similar.
What I am looking for is a way around the fact that in Ontario the RTA states there are no...
QUOTE (housingrental @ Dec 26 2009, 05:27 PM) Hi smalltown
What town was this?
What was the purchase price?
How much in reno $$$ would have been needed including materials and labour if you had hired professional trades to do it?
Noting that your name is smalltown... I`m sure Thomas (and...
QUOTE (Rickson9 @ Dec 20 2009, 10:53 AM) I don`t think that a 10 to 20 year VTB is rare, but I don`t have any sources to cite for that opinion.
A buyer of RE should always ask for a VTB. Once a Seller questioned my financial wherewithal because I asked for a 30% VTB. I said that it wasn`t about...
15% is usually NOT possible anymore .. and not in W-Canada certainly .. unless:
a) crappy town
b) crappy asset with huge deferred maintenance
c) highly motivated vendor who finances property
I just bought a power of sale four unit with 10% down in May, 2009.
Got it for a steal; it is MPAC...
