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18 January 2017 | 23 replies
The average mortgage debt in Toronto is $194, 000 and 259, 000 in vancouver.
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1 June 2016 | 4 replies
Ive got to get out of my consumer debt quick so I can start investing in real estate and not get left behind!
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11 September 2019 | 23 replies
So he is going to get foreclosed for the Judgement Amount.This is simple for houses that have more debt than market price.
31 May 2016 | 29 replies
If you sell the asset you get a lump sum and save $50k in taxes but if you keep the asset and leverage it you still get to use the equity to make another investment while still reaping the benefit of cash flow + appreciation + debt paydown (your renters are paying down the mortgage.
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31 May 2016 | 5 replies
Longevity of credit lines, improving credit to debt ratio, paying bills on time, etc.
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12 June 2016 | 3 replies
Divide annual income by proposed annual debt and expenses and hope for $1.25 of income per $1 of debt.
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30 May 2016 | 35 replies
Using the 4 plex example, you live in one unit, rent out the rest. Or
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3 June 2016 | 9 replies
If a bank for instance gives you a rate of 4 percent fixed for 5 years they might use 6 as a debt constant and see if you are still at a DSCR of 1.25 or better.Don't just go by the first lender you talk to.
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25 May 2016 | 4 replies
Try to pay off all debt at a good pace so I could take another mortgage out on the property to invest into more.
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8 June 2016 | 14 replies
Would you be more likely to invest in an equity investment than debt?