Hopefully you can help me undertstand something in regards to the 4 unit rule. Here is my scenario:
1) Primary Home - $300K mortgage
2) Investment Home - $100k mortgage
3) Investment Home - $100k mortgage
4) Investme...
Does anyone have experience with investing in single condos? And is it as effective as buying single family homes?I have a friend here in the GTA, and due to housing costs being crazy high, he’s focused on condos and ...
2 Family illegally being used as a 3 family.1000/month1200/month 1000/month$105,000I pay electric heat on 2nd and 3rd unit. The 1000 3rd unit is illegal.Working on it now but I can probably get 600/month for it if I m...
Hello all! I recently came across an article listing the top 10 cities for rental properties in 2021 and one of them was Cleveland Ohio. After a quick search on Zillow I found properties for as low as $20k. Now, I und...
I don't completely understand this and need someone to explain it to me.
2 people have 50k equity in their 100k home. 1 decides to refinance and cash out 25k and bring the house back to 75% LTV. The other is ...
My wife and I, along with our Real Estate Partner, are looking to buy our first rental property in the GTA by the end of the year! We really like the BRRRR strategy but have some questions since we've never used it be...
Hi all. I have been looking at some credit unions here in the HSV area that may offer some better terms financing than big banks and Redstone seems to be a good option-they have an agreement with my current employer, ...
Hi all,I’m looking for some advice concerning my real estate journey. I’m 17 and real estate seems like an industry where my hustle and creativity can provide great returns. I’m currently going through the bigger pock...
Hello everyone,My name is Jessie Argumedo. I'm 27 years old. Born and raised in Houston, TX. I am the second-oldest of eight brothers. I'm currently in the education field. I hope to achieve financial independence and...
We are at the beginning of our real estate investing journey, this is something I have been dreaming about for somewhere around 15 years now. My husband and I both have really solid day jobs and we are happy with them...