Other banks already do this, particularly with hybrid mortgage/LOC products. I`m not sure I understand the portability issue. Portability usually refers being able to "port" an existing mortgage from one property to another, keeping the same terms. I don`t think it`s ever referred to portability...

I use a combination of a friendly realtor who knows what I`m doing and browsing MLS myself. Looking at the asking prices can at least show you what the outliers are and give you an idea of the range. Sure, most listed properties are going to go for somewhat less, so discount accordingly. For a...

Well, my experience is pretty much the opposite of Sherilynn`s. I have a couple handyman types that I like to use and they have been quicker and cheaper than general contractors I`ve worked with. I would use a contractor for any job that requires permits or new construction. I also have a...

If you're looking for some template AFS docs, you can find some here: http://myreinspace.com/downloads/critical_forms/m/ron0legrand-canadian-quick-turn-forms/default.aspx Last week I closed on 3 properties in Alberta via AFS using none of my own money. What I had was: 1) Purchase and...

QUOTE (wgraham @ Oct 5 2010, 07:58 PM) what`s BTW....anyone got that link to Thomas`s abbreviation topic.....i searched abbreviation but it didn`t come up with anything. BTW is "By The Way", FWIW. http://www.netlingo.com/acronyms.php

Getting back on topic, we`re fostering an abandoned mama dog and her ten puppies. See the live video stream here: http://www.ustream.tv/channel/majormojo-s-puppycam

QUOTE (EdRenkema @ Oct 5 2010, 07:29 PM) Thanks Jim, in this case I`d up the deposit to $100 (big spender eh?) This coming from the guy who told me he`s too cheap to pay for cable TV!

QUOTE (gwasser @ Oct 5 2010, 07:30 PM) BTW do you guys KNOW anything about the LATEST CAPsLOCK legislation? |\|0, 7|-|@ $0U|\|D$ 4\/\/350/\/\3. (4|\| j00Z 73LL U$ /\/\0r3 4B0U7 17?

Before we start cancelling games and measuring the effect on weather, I think we should commission a study to determine the viability of heating the hockey arenas using a hot-air recapture method and some retired politicians. Also, I don`t like fish.

Oh, and here`s another one that I`ve seen used: 1) Get an accepted offer on the property with a very low deposit (say $10) and a very very long condition period (6-8 wks). 2) Register your contract as a caveat on the property. That way you tie the property up while you find a buyer. 3) If you...

Quick-and-dirty, don`t try this at home or without-proper-safety-equipment explanation: Option method: 1) Get an option to purchase at your agreed price. 2) Get a buyer for the property. 3) Get the seller to buy back the option for the amount of your lift, to be paid on closing. 4) Your buyer...

Why wouldn`t you be able to ask someone`s age? You need to be able to determine if they are an adult or not. Isn`t birth date just basic identity info? It`s not like you`re asking if they are circumcised or who they voted for.

No misdirection, just a bit of (apparently ill-placed) humour. Perhaps a reminder that big institutions sometimes make big mistakes... Digging a bit deeper, let`s look behind the curtain: The information in the report that is the basis for the sensationalist headline is in Chart 8 on page 6...

Published by the same institution that just agreed to pay USD$2.4B to settle one of several lawsuits concerning its role in the Enron scandal: http://www.cbc.ca/money/story/2005/08/02/C...nron050802.html

nubiwan, my experience is exactly the opposite of yours, concerning those two banks. :0 I think what that really illustrates is not so much the policies of various banks, but the power of personal relationships in business. A good working relationship with a competent broker or banker on your...

Wow. Incompetence, inconsistency and inefficiency in a government bureaucracy - I`m shocked. Following this, anxious to see how it turns out.

No direct experience with this, but I`d be pretty cautious about renting back to them. That`s probably be like backup plan C if I thought it would be really hard to rent out to someone else.

Nice to see an easy place to find so much good info. I notice that Thomas is a bit too modest to promote his other writing and his book-in-progress, so I`ll give it plug myself: http://80lessonslearned.blogspot.com Lots of great information there as well!

Sounds like the realtor in this situation is confused and you`re in a better position to get the deal done by yourself. Does the seller want to keep the listing active while you work out your end of the deal? If not, offer the realtor some reasonable amount of $$ for their time and ask them to...

We have a number of properties (and our principal residence) insured with Meloche Monnexx. I believe they will insure up to 5 rental properties, or 5 properties total. REIN has special arrangements with two insurers that offer insurance products specifically for investment properties. They are...