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23 January 2025 | 24 replies
I have a couple of buyers that will purchase without due diligence.
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24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
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22 January 2025 | 5 replies
I have not every purchased property in Canada, but my wife is Canadian and I've seen some of the issues her family has had to deal with.
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10 February 2025 | 6 replies
Also, you can possibly take equity out of your current properties instead of taking out a construction/hard money loans.Purchase and Rehab Financing:If you are doing simple purchase and rehab (not ground up), then it's not that hard to qualify and you just need to right broker/program.
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6 February 2025 | 42 replies
All of which, I’ve purchased within the last 4 years.
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29 January 2025 | 15 replies
I recently purchased a property with the intention of doing a fix/flip.
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3 February 2025 | 15 replies
It is also not an option to not renovate as she came with the house when I purchased it and absolutely trashed the place.
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28 January 2025 | 3 replies
Hello- I am considering purchasing a property that is a main home (3 bed 3 bath) with an attached apartment over the garage (1 bed, 1 bath) with separate entrance.
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29 January 2025 | 12 replies
I would also like to know the purchase price and current market value.
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17 January 2025 | 24 replies
They also have a TON of amazing educational content which is helpful since I'm working to figure out how to tap into my IRA to purchase more real estate.They’re also great if you’re into diversifying - like with real estate or other alternative investments.