Also as I understand it qualification for these loans are based on the property as opposed to the borrower.

I wonder with Canadian economy struggling if there is potential to purchase distressed properties that could be converted into long-term rentals or successful AirBnbs (especially in the cabin markets that have been hit hard).

Royalties or Licensing Income – Earnings from intellectual property, books, patents, or franchises.A key takeaway: Diversify.

To make it simple…the investor is trying to buy your property Sub2 and needs you to refinance it into a long-term loan First.The investor does not have to ask the bank’s permission.

Complaints are always dicey when you live or have property in a jurisdiction they scan your license plate and have visibility into your property that may negatively impact you in the future.  

I was going to ask if you considered renting the property until the market picked back up.

I have been going through this thought process recently running some numbers to on a few investment properties for my wife and I.

@Zach Howard the winter months are also the worst time to sell a property!

Property values soared high in this town since past 7 years.

I’ve owned this property for four years, and this is the first complaint of this nature I’ve encountered, so I’m curious if, by leaving it as is, I could go extended periods without facing clog issues.Any advice is much appreciated!