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1 May 2024 | 16 replies
Speaking directly with a representative or supervisor may provide more insight and potentially lead to a resolution.Refinancing with a Different Lender: If Chase's policies do not align with your needs or goals, you may consider refinancing the property with a different lender that has more favorable terms regarding transfers to LLCs.
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29 April 2024 | 3 replies
I own a property mortgage free. My question is - if I wanted to take a loan out against that property to pay debt I owe in a different country and buy an investment property in a different country:
1. would I be taxe...
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1 May 2024 | 8 replies
My family member I co-signed for doesn't have good credit at the moment so any refinancing would have to be under my name.
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30 April 2024 | 0 replies
When evaluating such deals, when does it make sense to purchase a property that can be fixed and refinanced to maintain ownership, while also allowing for the construction of a duplex on the additional lot, thus maximizing the return on investment for both the lot and the property?
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1 May 2024 | 22 replies
(assuming you haven't refinanced a ton and have a large mortgage balance) - I'm assuming you have over $1 million in equity, even at a 4% cash on cash return, you would NETTING $3,333/mo.
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30 April 2024 | 3 replies
As the saying goes, the best time to buy real estate was 20 years ago, and the next best time is now… but with these interests rates I’m curious if it makes sense buying and then if they drop later refinancing to the lower rate, or just hold off purchasing until the rates (hopefully) come down a bit.
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29 April 2024 | 1 reply
Hello, new to this, and attempting my first purchase. I have the opportunity to buy 2 adjoining properties, each with a 2bed/1ba home. They have to close together per the seller. They are priced under market value, no...
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29 April 2024 | 3 replies
However, this comes with the caveat that you and your husband are prepared to cover any potential increases in mortgage payments after the renewal, especially if the new rate is significantly higher than the current 3.5%, which I ignore since I am not versed in the mortgage system in Canada (although it does sound a bit like an adjustable rate mortgage from what you described).Before making a decision, I recommend speaking with a financial advisor or a mortgage broker to explore your refinancing options and get a sense of what rates you might be looking at come June.
29 April 2024 | 248 replies
And it’s almost always leverage or untimely refinancing that gets them screwed.
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29 April 2024 | 23 replies
For example, you can't use them to purchase an investment property or for cash-out refinancing.