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3 October 2016 | 2 replies
The Finance Minister announced steps to curb the influx of foreign capital into the Canadian Real Estate Market (in which he really meant TO and Vancouver ... down east we are not really suffering from the influx of foreign money ... sure we lost a 50-unit deal a couple of years ago to a Chinese investor, but the property was not worth what s/he paid, so we'll see it back on the market eventually).That said, Ottawa is only removing a loophole which has allowed foreigners to purchase a residence in Canada, claim it as their principal residence and then benefit from the personal residence {captial gains} tax exemption when they sell.
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3 October 2016 | 9 replies
The seller can try to evict you if the contract has been in effect for less than five years and you have paid less than 20 percent of the purchase price.
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9 October 2016 | 16 replies
I got what I paid for, a cheap job.
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4 October 2016 | 29 replies
Rent and deposit are paid in cash.
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7 October 2016 | 4 replies
Maybe you find a distressed homeowner in need of a solution, or that property that is paid off, vacant, inherited, and someone just doesn't want to deal with it, and you're able to get them on board and accept your offer.
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28 November 2016 | 10 replies
It appears that the property has some relation to a reservation since the Bureau of Indian Affairs is involved, plus it may be that it was purchased on a Contract for Deed, and the deed never got recorded after the property was paid for.
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2 October 2018 | 24 replies
I can be able to fund you before then but before we proceed further i need you to understand that there is a $650 fee attach to the loan and that this fee will be paid upfront and cannot be added or deducted from the loan amount....If you fee uncomfortable because of this fee then i cannot be able to continue....Let me know if we are to proceed or not"
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16 October 2016 | 12 replies
One previous landlord reported that he paid rent late four times and that they asked that either he moved or they'd proceed with eviction.
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26 October 2016 | 5 replies
They do consider any option consideration paid as part of the down payment and allow seller-concessions for closing costs and non-repair items (like a landscaping allowance).
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4 October 2016 | 4 replies
Househacking is a term coined from @Brandon Turner, and its probably the best idea ever for new investors willing to get ahead instead of falling deeper into a labor paid mortgage/debt with no real return.