how does heloc affect your equity? Does it Reduce your equity?I know it doesn't affect your mortgage payment already. But does it reduce your equity? 

Can anyone shed some light on the type of contract that would be needed for a commercial real estate assignment. From my understanding, you don't use the same contract that is used for assigning houses. If anyone has ...

Starting out and looking to establish a long relationship with Private money lenders local to my area.  I don't have any concrete leads yet but as they say there is no harm being proactive :).  Generally, what all are...

Hi everybody -
I have a rental property purchase lined up but need to borrow cash for a short period to change my eventual interest rate on the conventional mortgage. I'll be using the equity in the soon-to-be-purch...

Title may be a bit misleading but I have a simple question regarding loans and foreclosures. Is it considered a bad move to obtain a personal loan in order to purchase a foreclosure? I only ask because it seems to eas...

I was hoping I could get some guidance from BP nations on a R20 subject. I am gearing up for the New Year and would like to add Cooperative Lease Options to my “tool belt”. I have a few questions hoping a fellow membe...

For some, the easiest way to do this is to go through the past 3 months of bank and credit card statements and mark each expense with a letter or highlight them. I got this method from the Profit First system. (They m...

Hi All We're moving to Calgary from the UK in July/August. I'd like to send a deposit for our primary residence to a bank in Calgary to cover the 90 days lenders require. My wife is a Canadian citizen, so we can open ...

Hello, 
My mom received a house through an inheritance last year.  She now wants to transfer that house to me as a gift.
What kind of  tax issues should I be concerned with in terms of receiving such a gift.  The ho...

A client of mine has approached me about lending him some money for a commercial real estate deal that he is working on securing. He is an experienced commercial real estate investor with a $10M portfolio that I trust...