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Is this a good market to be carrying a mortgage on multiple properties ?
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I'm in the process of renovating a rental property. Everything is cosmetic except for the kitchen. We have torn everything out so it's down to the studs and subflooring. A potential tenant contacted me and said he was...
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I am going to look at my first potential rental property on Tuesday and I am currently in the process of trying to think of the most appropriate way to finance my first deal - finance including down payment, renovatio...
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I'm looking at IBC and it seems like a really good long play for wealth building. It won't hurt me in the short term to start it, what are your thoughts?
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Just curious if most people here are doing things entirely in their name or if most have setup LLCs and corps to protect themselves. Seems that doing everything in your own name would be foolish but I'm curious how m...
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Looking for advice on my general financial picture and what I need to do to get it to a place to be able to qualify for home loans.
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I was considering taking a commercial mortgage 6 months down the line. Right now I am eligible to take up a residential mortgage, where in I will be putting a 25% down payment. This can either be a primary residence o...
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I think she could use some money to help get it built sooner and with higher quality. I’m considering asking her if she’s interested in me investing in the build, up to 100k, in return for a % of the rent and a propor...
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Hi all,I have a commercial tenant in my mixed-use property who's selling his business. What sorts of ratios should I require for income vs expenses on the potential assignee's financials? And in general, what other it...
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Many apartment buildings that I have looked at will often have 2 legally zoned units, and then 1 "illegal" unit.
How do these owners get around having the extra unit, and what are potential consequences etc.