They also have no real plans for the sales money except to just put it in the stock market or something.

.- for the above 3 scenarios payments must be current with no 30 day lates in the past 12 months or 60 day lates in the past 24 months (on the current mortgage or "other," credit too)What is interesting is the above only applies to 1 unit properties because 2-4 unit properties its the same as the above except the requirement is 35% equity or 65% LTV (same).

While there are exceptions to this rule, I would try to find out if the lawyer owns his or her own title company.

Their response was a small tax reduction on the provincial portion of all commercial property instead of a significant reduction in residential rental property {despite owners of commercial property supporting the latter}.The population of the Maritime provinces is about the same as that of Montréal, so naturally commodity and food prices are greater (the possible exception being seafood ;-)) as per unit transportation costs are higher.In Fredericton we are split between student rentals and those for everyone else (mostly young professionals).  

The only exception to this rule IMO is if you don't plan on keeping it very long (months) and you live in a state like NJ where title insurance is absolutely ridiculous.

They came fully assembled with an exception to the lazy susan.

The spread between 4% and 12% is 8%, except that 8% isn't ROI because you're not into it for a dime, your bank is.

Of course, there are exceptions such as in areas with crazy rents.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!