Looking into purchasing a vacation home and i just learned about different types of financing products and I'm curious what is the different between DSCR loan v second home/vacation home loan ?
My wife and I are diving into the idea of vacation rentals for the long term. Basically, acquiring a good number to be there for retirement. We are fortunate enough to not "need" income from these properties right now...
Well so much for my grande idea. My rentals have been all bought with the heloc on my primary. Well now I’d like to put the equity of my free and clear properties to use. My big idea was to get helocs on those propert...
Steps:
1-Live in and hold mortgage on primary SFH
2-Add additional persons to title only
Scenario, additional person on title gives closing cost $$ of 3.5%, add the person to title as 7% ownership and rides it out ...
This is my first post, I hope I'm in the right category!The powder room of my new home has a stand-alone vanity, the kind you can get from Kijiji or home depot at $200-300. It is in an unpleasant colour which doesn't ...
Can someone share with me their experiences pertaining to balloon loans/terms? This is a new term to me and while I did some research on the subject, I would like some feedback on the pros and cons based off of perso...
As a small landlord, had some issues in the past with renters defaulting. Is this a pain point for others as well? Getting some data points, as I am exploring the possibility of starting my own insurance company to pr...
I recently read "Buying Real Estate without Cash or Credit" by Peter Conti. In it, it says to try calling FSBO to find motivated sellers. Here is my question. While searching forsalebyowner.com all the listings ...
Does anybody know any banks or lenders that would issue a line of credit against the equity on a portfolio of properties in a commercial loan? We have 15 residential fourplexes that have a substantial amount of equity...
Aside from trying to get my hand in real estate,
for the past few years I've been involved in Internet
Marketing, which is a pretty lucrative market.