Looking for Canadian rental property mortgage advice. How long do Canadian investors set their mortgages? In the US it’s most beneficial to choose a 30 year fixed. Here in Canada you can have a 30yr mortgage, but you ...
I’m trying to land my first deal in Cleveland working with a prominent, investor-focused broker. I want section 8/ C grade duplexes for cash flow to hold onto. They are all in poor shape. Cash flow is like $250/door, ...
Hello friends!I have a townhouse in Newcastle, WA that I purchased for $200,000 in 1999. It is worth $400,000 today. The cap rate is 1.68%. My mortgage is $65,000 at 3.5%.In 2016, my household will earn $160,000...
I knew that title was going to grab your attention :) Before you go typing to disprove me just hear me out here as a thought experiment. Let me preface this conversation by saying I believe a dollar today is worth a w...
Above is a chart summarizing all transaction history of:- Properties sold in the MLS- From 1997 through part of 2019- Detached single family homes (no condos, townhomes or multi-family)- Summarizing 6 different cities...
I've been here listening and reading things on BiggerPockets for a few years now.
In December 2018 I finally decided to pull the trigger and buy my first house. I bought the house with the intention of turning it ...
Guys, i have been actively hunting down for a SFR property and came up with following analysis after doing BB Rental Property Calculator on a brand new SFR:COC ROI = 2.78% when i have estimated:1% Capex, 1% repair, 1%...
I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
Syndicating deals offers investors the opportunity to take down larger deals using other people’s money while providing a great return for everyone in the deal. Of course, all that sounds good, it’s easy for an inexpe...