Fidel Mercado Gonzalez
Financing Options for International Investors in Canada: Seeking Insights
22 January 2025 | 5 replies
[I think someone else provided an example of this case earlier]-Now provided you do qualify for purchasing a house (4 units or less), you will have no problem qualifying for a mortgage with a Schedule 1 bank as long as you provide the down payment (35% minimum of purchase price) and confirm proof of fund and the source of it- On the proof and source of funds, the banks would want to see an income enough to cover the mortgage payment and other expenses. and in some cases, they would want to make sure they know how you're going to cover your expenses (housing, heating, etc..) where you live.This is usually where it gets annoying for some folks but if you can satisfy this, you should be able to qualify for a mortgage just likely any Canadian tax resident, albeit you will pay a little more in terms of interest rate, etc.
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
Or I'm missing something - followed threads about the conversation from different folk, though.I wanted to get to visit Niagara Falls - Canada side for the week of Christmas to New Year and been looking at the hotels.
Deltrease Hart-Anderson
New construction in old neighborhood
10 January 2025 | 6 replies
I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?
Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
30 December 2024 | 10 replies
Most home owners are only familiar with California Closets pricing and automatically perceive closet fit outs as being expensive.
Samuel Kim
Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
The same goes for me and other folks who lean towards "yes."
Don M.
First time with new construction: Cape Coral, FL
5 February 2025 | 205 replies
Book a flight from Portland to Orlando rent a hotel and car and go to the planning department and building department in person and get to the folks that were running the permit and discuss paths to completion..
Travis Timmons
AirDNA top STR markets to invest 2025
25 January 2025 | 25 replies
I’ve edited this version to comply with the rules and removed any references that could be perceived as self-promotion.
Ricky Reddin
Renovation On A Property
12 January 2025 | 7 replies
I've personally done just about every rehab scenario, properties I've lived in, properties bought as investments and even properties bought at auction.You've gotten good advice from folks on this list.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
Again, treating folks with housing support funds with the same dignity and respect as everyone else, usually nets quality clients that listen and do their best to follow the rules.
KJ Hoggan
New Guy on the Block!
28 December 2024 | 3 replies
That's most likely going to be a C- neighborhood or lower so there could be more perceived scale to BRRRR, but a tougher decision on how to renovate at that price point and possibly harder tenancies.I would get to real estate investor meetups in your area.