BUT these were super duper outstanding deals because of my hard work in finding those deals.You will find those people by networking at the investor events, BUT you have to bring something to the table.

A mtg is a simple interest loan.....each month the interest due is simply the outstanding principal balance times the annual interest rate, divided by 12....simple interest. 

Outstanding book :)

Being debt free with outstanding loans takes a huge weight off your shoulders. 

To note we've paid all the rest of our outstanding debt including cars and now just have a credit card balance that we pay.

Will the Landlord and Tenant Board still give the ruling to collect the rent that is outstanding?

A title report should be used to determine outstanding liens on a property.

The underwriter needs to do her due diligence as required by her license, and simply get a written statement from you whether or not you have an outstanding loan out there with another payment that is related to these properties that you are buying.So you just write a short letter sign and date and turn in to the underwriter and then you close… After closing, if you then go and get a loan with a payment, you don’t have to backtrack and go back to redo the refinance because you’re already closed and funded…If you want to close the cash out refinance, you better write the letter.

I got 70% LTV, 10 year draw + 10 year payment period, I.O. payments or 1% of the outstanding amount (whichever is higher). 

@Spencer Cornelia thank you so much, outstanding advice.