@Jewel B.Scotsmanguide or American association private lenders have listsWarning signs - $ upfront, gmail, yahoo or aol address, get their money from the prince of tomoonda..

I’m looking to build a solid team and manage the process, and currently looking at the Prince Albert market as it’s a lot easier to get into, as a builder have you considered there?

@Sam GillSam- I am virtually meeting with a COA on the 14th in Prince Frederick area for the same reasons.

@Curtis Prince  Yes, if it's in the loan docs the lender can call it. 

Hello experts what are your thoughts on the market in Prince Edward Island lots of Cash flowing properties which are little bit over priced right now but have great cash-flow and low appreciation what do you all think and whats your opinion on this specially markets like Charlottetown nearby areas.

https://www.cnbc.com/2023/01/0...PUBLISHED MON, JAN 9 202311:11 AM ESTUPDATED MON, JAN 9 20236:57 PM ESTBy Diana OlickMortgage rates are still twice what they were a year ago, but home prices have been falling since June, and that’s finally making consumers feel better about what had been an overheated, highly competitive housing market.A monthly housing sentiment index from Fannie Mae showed sentiment improving from November to December.

I am also including a 2% closing cost and one months rent as a leasing fee, just to cover all the bases you outlined in your post.Property value $93kRent $900/month $10,800/yearLoan term 15yearsRate 4.85%Down payment 20% $18,600 Closing cost 2% $1,860Leasing fee $900            Total Cash Down $18,600+$1,860+$900= $21,360Loan payments (princ&interest) $6,990.64 (Of this, $3,458.45 is princ)Escrow (insurance&taxes)

Hi @Diana Jing!

The Nigerian Prince that contacted me on here isn't real?!?

I run into an individual here while looking for PM and rehab in I diana's and he pretty much took my money than disappeared.