Thanks Dustin for the advice.

Thank you Thomas.

Royal Bank

With the current 5 yr. fix at 2.04 % vs. variable of P-0.6 (1.85%), Will it be safe to say that better to take out a 5 yrs. fix now. Love to hear your thoughts

Could u elaborate? Thanks!

Michael: Thank you for your detail explanation to enlighten my thinking. Thomas: thank you for posing this Real Estate Wealth Cumulation from a different angle. Wish they taught this in high school or University in addition to saving and put money in a saving account for retirement.

Hello there: During one of the REIN meeting, the speaker mentioned that even if the property does not appreciate over a period of time,(which means the property value stay flat) but through the mortgage paydown, there is still a 6-7 % return on initial downpayment. Can someone enlighten me on...

Thank you Thomas for your suggestion.

Thank you Matt, Martin and Thomas for your clarification and suggestion. Now that clears the path in getting the property into her name. What other arrangement would you suggest when passing on this unit to her adult children. Will some form of JV or LTO be suggested ?

Thank you Thomas! She had about $100k that can be put into this deal to pay off her sister, and to obtain a financing, either private or with a bank. Will any of the JV strategies like AFS, LTO, among others that can be used in this. They are blessed with helpful family members who can help...

Thank you Martin. I'll ask them about this. Appreciate this.

I would like to ask for some advice on this situation: Grandparent had willed their home to their 3 daughters, and one of the daughter will like to buy out the other two, so she can pass on to her children who are in their early twenties. Due to the recent mortgage qualification stress test, it...

Hello there: Looking for property managers for a couple of properties in Greater Vancouver area to replace the current ones. Any recommendations? Thanks in advance

Thank you Tina. I have come across this originally when the sales person offer me the following link to understand better. Just curious if any others have invested into this, and are the development's risk are removed or minimized as they claim, or is there other risk that I should watch out...

Hi there: How do I upload a file or link into my response to another REIN member? Thanks

Hi there: Any one familiar with HomeBuild bonds as an alternative R/E investment . Thanks in advance

Hi Allison: Where about in Burquitlam is this bldg.? It is right on or very close to the skytrain route. Location is good. What is its monthly strata fees as this may have an impact on your cash flow. Ilive not far away from it. You can email me if any specific questions come up ...

Try Rick Hoogendoorn of Royal Lepage. An investor minded realtor [email protected] 250-882 1359

QUOTE (cmerino @ Mar 19 2010, 02:49 PM) Great story Joey....we had a similar situation, and we worked it out through a Rent-to-own option. We found a good potential buyer (young, professional, recent graduate, new in the job, wanted to stay in the area), had some savings to put down, willing to...

QUOTE (JoeRagona @ Mar 18 2010, 07:43 AM) Hi Randy, We purchased this unit for 279,800 and with upgrades at the end of the day it came to $289 (I`m rounding it up). If the purchase price was as you suggested 30-40k more, I would not have even looked at this - even way back in 2007 in my...