http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2012/05/heloc-loan-to-values.html Raises some concerns for me, especially the part about existing 80% loan to value HELOCs not being grandfathered. It seems like they'd pretty much have to give people time to get their existing...

Hello, I'm looking to move my insurance, and was wondering if anyone had a recommended broker in Calgary. It'd be personal home and condominium rentals (4-7 rentals, depending on rate/availability). Could bundle auto if that helped. Post here or email me (from my profile) if you prefer...

Interesting, thanks for posting. One comment that didn't make sense to me was the second of their three solutions. Oil from Alberta is landlocked, so we get a big discount when it's sold, which is a problem. Solutions 1) and 3) get the oil to the world markets, and removes the discount. Their...

Mortgage principal is not tax deductible as mentioned above. Of course, there are other expenses that would be tax deductible. For example, insurance, condo fees, utilities, property management, maintenance, etc would be tax deductible expenses for your rental property. Regards, Michael

Most of the math above was about shipping oil, which is definitely the cheapest method. Pipelines are still much cheaper than rail, but they're choosing a special transportation case, bitumen. That matters for a couple of reasons. 1) Bitumen is much more viscous than regular oil, so it is...

If you know something is illegal (you're planning to lie on an application!) why would you come on a public forum and ask "how likely am I to get caught?" Lying to someone to get money from them is fraud. You shouldn't do this. Michael

Do you have a track record that you can point at as proof of how you're going to add value? Either way though, you putting your name on the line for the mortgage is worth something. If this is your first deal, it might be worth going as low as 1/3 per partner, but it's hard to say without...