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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?
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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.
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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...
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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...
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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...
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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...
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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...
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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...
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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...