Thank you Thomas! I will certainly do that.

If I am considering a new purchase, how do I get some feedback? I think REIN has a way to help with this, can anyone tell me how it works?

I often get good people and services from Hamilton which is not too far.

The property is in Brantford Ontario, if you know someone in those parts I would appreciate a refferal. Thank you 3canctheayr and Shannon, I am happy to know there is a way out of these rental fees.

Thank you 3canctheayr! I will start shopping for the new tanks this week, though I am nervous about dealing with Reliance. I do have good credit and would love to keep it that way but I will call them as soon as I find new water heaters. Your advice is greatly appreciated!!

I can buy them out for $630-1350. The oldest unit I have is 2003. So the $630 unit would be over 10 years old. Thank you again 3canctheayr!!

Thank you for his great advice!! These are 6 separate townhouse style units in a sixplex, so I cant consolidate them. They are also the ventless system which is supposed to be more efficient but costs more up front. Relience is offering to have me buy out the units that are currently there...

Thank You Thomas!

Where is the best place to get 6 new hot water tanks? How much should they cost? And is it possible to get out of a rental contract with Relience? Thanks!!

My current lender is First National and they will renew with huge fees but do not want to refinance for a larger amount. They say their policy has changed and they only do deals for $750,000 and higher. I will try a broker but I am wondering why is the bank less desirable then a broker? Are...

Can you recommend a commercial broker? would it be better to approach my bank or an independent broker? Thank you Thomas!

I am working on my first refinance. I would like to take out some of the equity that the property appreciated by. What is the best way to do this? This is a 7 Unit multi family in London Ontario. What are the current rates that I should be expecting?