Hi everyone! I've been in the process of applying for a HELOC on my primary residence for real estate investment purposes, and have appreciated the insight and wisdom from this community regarding searching for a HELO...

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 ...

Hello BP,I am a beginner investor and I need advice on getting money out of my investment property. I am fortunate that my father gifted me a single family house that I currently rent out. This house is currently wort...

I’m weighing options on whether or not I want to refinance my primary residence. I am in no rush necessarily to pay off my home, so we can leave the debt free vs not debate for another thread. I am also only interes...

hey guys! need some advice.I have owned a triplex for about 2 years now. I got in when interest rates were great but i took variable and unfortunately the rates have gone up and my monthly payments have gone up almost...

Hi All,

I understand that:

CAP rate = NOI/purchase price
Value = NOI/CAP rate

So, if I want to establish the VALUE of a property, how do I get the CAP rate?

I took the following notes in a...

HELOC vs cash-out Refinance

Hi Folks,

I am looking to refinance my house hacked principal residence. It’s at 3.2% open variable. My last mortgage was 3.6. Why am I seeming rates in the twos when no mortgage broker I have talked to can actually ...

Did anyone else see this? You have got to be kidding me.

http://www.cnn.com/video/#/video/us/2009/01/30/griffin.mortgage.squatting.cnn

-Michael