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15 January 2025 | 49 replies
I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment) I have a bank account linked to Stessa and I see the cash deposit in the transaction tab.
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22 January 2025 | 5 replies
.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .
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27 January 2025 | 17 replies
Im assuming that is what would catch any errors in owner distributions, deposits, profit/loss?
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17 January 2025 | 24 replies
The sale evidently resulted in Quest’s owners getting zippo (hearsay, working to confirm that).
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12 January 2025 | 5 replies
As long as you are on the loan, on title, and live in the home for 12 months minimum, then your non occupying coborrower can qualify for 5% down at owner occupied rates.
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14 January 2025 | 4 replies
I had to explain to her that when I rent from you, I have temporary owner's rights and you can't just walk into my house whenever you want.
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27 January 2025 | 29 replies
Myself and the majority of people on BP that call themselves real estate investors, should be calling themselves real estate business owners.
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17 January 2025 | 19 replies
We feel this encourages/trains good payment behavior:)We have several MoveIn Specials owners can approve like, free TV, Washer or Dryer (used), etc.Our main goal with MoveIn Specials is to stand out from our competition. - Just lowering the rent really doesn't do that.
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20 January 2025 | 7 replies
If you need cash for remodeling new home do a LOC on your owner occupied house before you rent it.
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17 January 2025 | 17 replies
It's doesn't have to be 20% downpayment for a owner occupied home.