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14 May 2016 | 6 replies
If you allow one tenant, and not others, to break lease agreement without penalty or reduced rent for no other reason other than "the tenant requests it", it may be construe as a discriminatory move by the others.And no, I will not consider lowering rent or modifying the current lease terms.
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13 May 2016 | 2 replies
The counties provide limited probate file information for online public access.
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24 May 2016 | 10 replies
CMHC-insured financing can help open the doors to homeownership by enabling homebuyers to purchase a home with a minimum down payment starting at 5%*.Features Loan-to-value ratios up to 95% for 1 – 2 unit owner-occupied properties.Loan-to-value ratios up to 90% for 3 – 4 unit owner-occupied properties.Down payment flexibility — In addition to traditional sources, non-traditional sources of down payment are permitted for loans with loan-to-value ratios from 90.01% – 95%.Flexible financing options — single advance and progress advances are available.CMHC-insured mortgages are portable — helping to reduce or eliminate the premium on the purchase of a subsequent home.CMHC homeowner mortgage loan insurance is available to a maximum of one property (1 – 4 units) per borrower/co-borrower at any given time.CMHC offers mortgage loan insurance premium refunds for homeowners who purchase an energy-efficient home or purchase and make energy-saving renovations to an existing home.
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15 May 2016 | 6 replies
My reading of the IRS publications for Schedule E & interest deduction indicates that it's not correct to deduct 100% regardless of how you use the funds.
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15 May 2016 | 3 replies
I'm curious since you are in a similar market as me, what are some ways to reduce cash in?
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9 July 2017 | 45 replies
@Ronato O. just some public records searches and crossreferencing.
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18 May 2016 | 22 replies
What you are doing is similar to buying a property to live in...and renting out a room to reduce your costs to buy.
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24 May 2016 | 25 replies
The reason you want at least 3 homes is to reduce your risk of a vacant home dipping into your personal funds instead of your investment profits.
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30 May 2016 | 11 replies
Money is gone unless you refi, and your buying power has now been reduces even more than it would if you used debt services.If your paying with a percentage down with debt service, your getting COC.
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17 May 2016 | 1 reply
What I'm considering:Adding Last Market Sale Date prior to 2009 (both)Reducing Tax Assessed Value from $200k max down to $150k max (both)Adding 7 more zip codes (only absentee list)I will still hit 1000 lettersReasoning behind including last market sale date because is that a lot of my calls have been from landlords who bought after the crash, rehabbed, rented and are now looking to see what they can get for the work put in.