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So in light of the new news of the 15% property transfer tax for foreign investors, how does everyone think this will impact the real estate market in the lower mainland? As I understand, this includes all the Metro V...
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Can a lender drop it while getting a house "subject to", for example? What would be the documentation? Is it possible at all???Thank you
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I'm looking to purchase a newly renovated 2 family home in Jersey City Heights less than a block from public transportation into the city. The home is selling for $509k I am thinking of putting in an offer for $490k (...
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I'm in Calgary, Canada. I currently own my own home (no outstanding debt) - typical single family starter close to schools, etc. I'm purchasing a new home that has a basement suite (although a bit of work needed if I ...
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I saw this online the other day. Its percent of home payment to median income which has been skyrocketing over the past few years. I had mentioned in the past 1 of 2 things is going to happen:1. This goes back to the ...
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Interesting article on the US market, bubble prices and the reason, further adjustments, etc. Scary part is, according to the article, we're still in for a 20-23% correction. How would the current frail market tolerat...
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I have been reading a ton of material (including Bigger Pockets books!) on real estate investing to educate myself before purchasing my first property.I've been scanning the MLS and been in contact with my agent for t...
I missed out on my first rehab project. It was a 3/2 with vinyl siding near my home - the perfect amoutn of rehab for me to start with. My realtor and I agreed the list price of $157,500 was accurate for ARV since i...
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Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
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Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...