It looks like the rule is that you can't get a mortgage for less than a 20% down payment for a non-owner-occupied investment property. Is there a way around that? How do you do it?
Recently got my builder's license and building my first spec home. Wondering if I should try to sell it myself or hire a realtor to do it.
Hello great BP people of Canada!I'm reading this info from CMHC and wondering what a specific line means. (This could be a dumb question)Source: https://www.cmhc-schl.gc.ca/en/hoficlincl/moloin/m..."Loan-to-Value Rati...
Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which from...
Hello everyone,My name is Antonio but if you prefer you can call me Tony, whichever is fine. I’m new to real estate and I’ve never been so sure of what I want I do for the rest of my life. When the RE bug hits you, it...
Doing some property shopping lead me to a house on auction at hudson & marshall. The property is occupied with short sale. But it is bidding on auction house. What is the situation here? "Short Sale properties wit...
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*This link comes directly from our calculators, based on information input by the member who posted.This will be my first rental property investment, I would like a more seasoned investor...
Saw this late fee statement on a commercial rent invoice and wondering what it means."Late fees: 10% late fee or $300 assessed if this invoice is not paid in full by the 5th of the month."To me this is not clear if th...
I personally love the mid-century modern 'sensibility' but having a hard time convincing my client that it would be a worthwhile investment.It's a hi-rise apartment unit being sold in "vintage" condition - the kitchen...
Hello All - I have a question regarding property management.We just recently purchased a triplex and the agreement reads that the PM fee is "(b) A fee equal to TEN percent ( 10 %) of gross rental income received on a...