Robert Howard
Negotiations with Property Manager
I want to negotiate a new deal with my property manager, but want to get the opinion of the community. I started with one house with my current manager and now have three. Alone with increasing the number of rentals...
Antonio A.
Vacation Homes & 2nd Homes to avoid 20%
Hi
In the interest of avoiding the 20% down required for investment properties, I have a simple question. What kind of down payments are vacation homes subject to?
How long do you have to live in a “second home“ ...
Jon Guy
How do you find owners that own their property outright?🥺
Looking for a best case scenario to find an owner financing opportunity.
Brad Jacobson
How to Rent Refinanced Primery Residence if Loan <1yr
I’ve owned my primary residence for almost three years now and I refinanced it last July.Recently I’ve gone under contract with a new house hack opportunity I’d be living in but I failed to realize that I might not be...
Stephen Brieloff
HELOC - how to make numbers work with a second mortgage
I have owned my primary residence for over 2 years now and have been toying with the idea of a HELOC in order to leverage those funds to invest in another real estate opportunity. The challenge I am having is that the...
Hank Lloyd
Re-Post: Cash out refi to pay off rental mortgage?
Not sure why the first post was removed. Here it is again:Hi guys, I have primary residence mortgage $272,402.50 remaining at 3.625% with 24 years left and a rental unit with $260,997.99 remaining mortgage at 4% and 2...
Lonell Slaughter
Brrrr & real estate
Hello I get the whole method of Brrrr but I don't understand the refinance? I know it means you take out another loan to pay another loan which I think I am correct lol. But I don't understand ain't that beating the p...
Page Weil
How is DTI calculated and when am I safe to buy another door?
How do underwriters calculate DTI when I have several leased rental properties? This may seem like an obvious question, but my last experience is that there is more to it than [rent payments] - [PITI] - [1% repairs]I...
Kevin Grove
Cash-out refi lender insists I pay cash for new properties!?
Doing a cash-out refi on my primary residence. My plan was to use the proceeds to fund the downpayments on turnkey rentals. I stated this upfront when first talking with the lender. But now that we're almost to closin...
K Shoe
Multiple property real estate investing
For those of you who own more than two properties in western Canada, how did you qualify for multiple mortgages? We are high income, high net worth but still have trouble qualifying for more than one personal and one...