Travis Pirtle
Is Now (Still) a Good Time to HELOC?
I've finally convinced myself to pursue a HELOC on my primary residence to fund the down payment on my next rental property, but the speculation of additional rate hikes has me nervous. I've contacted a few lenders, a...
Account Closed
HLOC or Mortgage ?
Hello BP. I wonder what you think about different of HELOC and Mortgage? Say for example, I have $200K equity that I can either do Option 1: Cash out refinance and pull money out to have cash in bank with Interest loc...
Anthony Therrien-Bernard
CMHC Housing Market Insight
This report should interest a lot of you: CMHC Housing Market InsightKey Findings:
-Based on a business-as-usual scenario, there is insufficient labour capacity to address significant housing supply gaps that will ex...
Jason A.
Unlocking Value from my Buy-and-Hold
Greetings,I'm considering some options in unlocking value in my buy-and-hold property. It currently has roughly 145k of equity. It's appreciated about 45k since I bought it so a 1035 exchange is probably not that inte...
Mike Wang
Rent or foreclosed
My situation here is: I have a underwater townhome appraised at $200,000 or less. But I have a mortgage at $280000 to this property. I was unable to refinance the property by the current low rate. the 1st mortgage i...
Clinton Keith Cunningham
ARM Loans vs New deal
I am looking for advice on where to prioritize my energy. I have two single family rentals. One is on a 30 yr fixed and the other is on a 7 yr arm loan (two years remaining) Do I refinance the arm loan now? prior to ...
Aaron Jones
Chicago Rental Properties
I’m looking to purchase my first rental property and I have an opportunity for a 4 unit in Chicago. One of my major concerns is of doing any type of property in and around Chicago the unnerving cook county tax rate. I...
Jeremy D.
LOC vs mortgage
Hi everyone,
I'm in the process of refinancing a mortgage and would like to hear your opinions on these two options.
For illustration purposes let's say the mortgage balance is $30k and I'm going to ref...
Cheryl Stevens
Which property should I finance?
Hello Everyone,My husband and I live in Maine and want to buy a home in Florida in the $250K-$300K range. It would most likely not be a rental. Our home in Maine is not mortgaged. It would probably appraise for $50...
Kory Hodgson
Good commercial mortgage rate
What is a good commercial mortgage rate in Ontario, Canada. Can I expect to get similar to residential rates if I am purchasing a 6-plex? I am just looking for guidelines, I have good credit and assume the property h...