My only income is the rent and about $25k in consulting work.A local originator has quoted me the following for a no-doc loan:Closing costs per property:3% Origination fee (he said he may reduce this since I'm refi 2 loans)$750 legal doc fee$2950 servicing feeStarting Rate on a 30 yr fixed with interest only 1st 5 yrs: 6.25% LTVs <= 60% 6.75% for LTVs > 60% and <=70% 7.25% for LTVs > 70% and <=75% 7.50% for LTVs > 75% Adjustments: 0.50% added for borrower cash-out 0.25% added if borrow• 0.25% added if borrower / guarantor FICO is between 650-699 Are these fees and terms reasonable? 

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

My only income is the rent and about $25k in consulting work.A local originator has quoted me the following for a no-doc loan:Closing costs per property:3% Origination fee (he said he may reduce this since I'm refi 2 loans)$750 legal doc fee$2950 servicing feeStarting Rate on a 30 yr fixed with interest only 1st 5 yrs:6.25% LTVs <= 60%6.75% for LTVs > 60% and <=70%7.25% for LTVs > 70% and <=75%7.50% for LTVs > 75%Adjustments:0.50% added for borrower cash-out0.25% added if borrow• 0.25% added if borrower / guarantor FICO is between 650-699 Are these fees and terms reasonable?

I also like to recommend Cohen and Dube's "Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor" ... it is a good reference over all, but it is a decade old now and could use a refresh to incorporate regulatory changes. 

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

Is cash for Keys legal in Ontario and can I ask the seller to do it before buying a property?

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

(Insider trading is legal for real estate, ask any builder.)

In the past, it was not legal to take action if the company did not have a registration in the state where the property was located.

Tax and legal issues can happen if you don't.Even with these issues, I still enjoy a good working relationship.