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All Forum Posts by: Giovanni Madalozzo

Giovanni Madalozzo has started 0 posts and replied 2 times.

Hi Krunal,

Expanding on Clark's comment, there are other two factors that you must consider 

1. Down payment: if you have the money and only your relatives will be on the deed, then you must transfer this amount to then and it need to stay at least 90days on their account so you'll avoid questions like "where this money came from"

2. Credit: as your relatives you buy the home, this will eat up a great portion of their credit so if they plan to take on a loan to (i.e.) buy a new car, I can be more challenging for  them.

Hey Ian!

Same here! I live in the Halton region and I'm looking to start on real estate 

it's hard to see houses in the US selling for less than $100k, while here, the price of houses are insane!

let's connect! It would be great to hear your ideas!