I have not used this service as of yet, but I am definitely considering since my last cell phone bill was more than some of my mortgage payments... If anyone has used this service I would be interested in how their experience has been since it does seem more convenient than a calling card...

This is how I positioned myself on my last contract - the mortgage turned out not be assumable and the seller then agreed to move forward with the agreement for sale. In my financing schedule in the `Assumption of Mortgage` section under other terms I included "If mortgage cannot be assumed -...

This opportunity is first come first serve so imagine this...You find a property in a REIN specific city and neighbourhood that is...1) Within 800 meters of a Brand New LRT Station2) Vendor is willing to carry financing at prime or below for 10% of the purchase price 3) High Ratio Assumable...

Good comments. I would also like to add a comment to the downsides of using such a site. In regards to posting investment opportunities and joint venture options I have found, from past experience, that the securities commission (BCSC) actively scans craigslist for fraudulent investment...

A Must Read for everyone who is alive! Honestly. It sits on my desk as my bible...If you enjoyed `Think and Grow Rich` this book will take it to the next level for you. "The Law of Success" by Napoleon Hill Dan Barton

If your JV partner insists on providing forms in french. I would suggest finding and contracting the work out to a bi lingual Virtual Assistant who can translate the terms and the agreement into french for you, this is going to be cheaper than hiring a law firm to do so. After that, ask for...

Order of importance for myself is as follows: (taken from your list) 1. Communication (do they call me back) 4. Monthly statements etc. (are they detailed, including recipes for repairs, are they timley, is the rent deposited constantly?) 2. 24/7 Maintenance (how effective is the team) 6...

Arnon, I do strongly agree with Thomas on this, and I must admit that I have experience with this exact situation. Both my second and third deal were both put together the way you mention above. A realtor was sending me cash, and closing the JV`s for a 25% ownership position in the property...

QUOTE (YvonneCampbell @ Sep 1 2007, 08:55 PM) I believe it is all in the age of the mortgage. Older mortgages from these banks are still assumeable because they don`t have the new clause. All the newer ones will have the new clause to qualification. Another clause I have ran into is that the new...

Tom B, Good question, a while I was also having difficulty finding properties that met this 10% rule or even just broke even. I would definitely recommend looking at Russel Westcott`s JV strategies as they offer many lucrative and creative ways to increase cash flow and decrease expenses. A...