Derek Cavanaugh
Canadian Financing Trends
Not sure if this is the right section but I wanted to share some trends I am noticing in the Canadian mortgage market place CMHC insured rates are really low for owner occupied, with rates as low as 1.64% and commerci...
Hugh Trotman
Newbie here
I am newbie here who has heard real estate is a great way to build long term wealth.I would like to get started but with a bad credit history I find it extremely diffcult.Still the financial longevity well not only b...
Chad C.
Can downpayment come from closing?
Do some lenders let downpayment come from closing cost. Looking for creative low down financing. Looking at a low income housing at 45k, so DP will be around 8-9k. Could the 8k come from the seller during closing, i w...
Account Closed
Will government help with investment property?
Will the government help me fund a single family house? I would live in the house for a year or so, then rent it out as investment property. I am 22, and a college graduate.
Mark Fink
private lending source
I see so many posts on social media for private loans up to 100% funding at 6% interest with no pre payment penalty. is any of these legit or are they all scams?
Jeremy Shellman
Subsidized Senior Multifamily
I'm attempting to educate myself on what's possible regarding developing a new low income senior multifamily property (not assisted living, memory care, etc.). The industry seems incestuous as there are housing agenc...
Joel Case
Just starting out, what's the move?
Background:
Currently FHA financed on a SFH where I live. Bought for $125k, remaining balance $60k, appraisal should be $175k. Currently pre-approved through the VA for $400k but lender said $500k is an easy reach. I...
Vilas Tulachan
Delaware Basin: vacancy rate and unemployment rate in West Texas
I wanted to hear from folks in the West Texas region regarding the RV parks vacancy and unemployment rate with the current oil price being so low. I'm evaluating at a RV Park purchase and they claim it's 100% occupied...
David T.
Investor Returns - Non Real Estate.
Hi BP, it's been a while. Been working hard. Happy new year to everybody. What is the average return an active investor is getting on their money outside of real estate investing.Say $150 to $250k? Sorry to bother wit...
Joseph Shin
Low downpayment options
The united states seem to have the FHA loan (3.5% down I believe)Do we have something similar here in Canada?What conditions are there (first-time homebuyer)Looking to househack a duplex or triplex property in the cen...