Hosup Lee
Anyone look at resale condos in GTA?
Hey, I already have a couple of semi-detached in East York and recently been thinking that resale condos (as opposed to precon) might be a good, easy investments to make. Quickly ran numbers using a few condos current...
Tracey Leung
Inspection Report - Structural Remarks
I am in process of purchasing a turnkey property (built 1969, 3 bed/2 bath for $139k.) The inspection report came back with some minor findings. There is a structural finding: "Unusual settling cracks and significant...
Brandon Yuan
Freddie Mac vs. Local Commercial Bank Loan for Small MF
Hi BP members:What's your thoughts on doing a Freddie Mac vs. local commercial bank loan for a small MF apt (acquiring a 30 units apt)? Freddie Mac loan has its own advantage obviously (non-recourse, fixed rate, 30 y...
Peter Goran
Impact of interest rate hike on commercial RE
We are new to the BP community and very impressed by it. We would be grateful to get the opinion of the community on the impact of interest rates on RE, especially given the current economic climate.
We are current...
Adam Stroik
equity partnerships structure
Hey All,Im trying to get into a 4plex in the San Diego area. I don't have a lot of cash on hand so may be exploring equity partnerships as a way to come up with the down payment. How are you all structuring your equ...
Matthew Johnathan Newton
Rental mortgage question
I’ve been looking into purchasing my first property so I started an LLC to help protect my personal assets from potential lawsuits. I was going to purchase it through the LLC. The banks have said the mortgage needs to...
Nicholas Jose
New Jersey: My tenant has mental illness and is causing problems for my other tenants
Good afternoon, everyone.I have a tenant (under the age of 21) who is the daughter of a family who rents from my rental property. I believe she may have a mental illness based on what I am about to tell you, so with t...
Alex Kies
50% Rule and Analysis
Hey everyone,I am a new investor set to buy my first home. I have my team assembled, down payment ready, and am now looking for a deal. I'm mainly looking for 3 bed/1 bath houses around the $40-60k with little rehab n...
Perrii Muthuraman
New Member, Perrii from Toronto, Canada.
Hello Every oneMy name is Perrii, from Toronto. I was working for different banks for 35 years. Self employed for the last 5 years. Learnt and started investing in real estate for the last few years. Now I am a Passiv...
Kirtley Whittington
Sect 8 vs Free market
Hey guys, I have a question regarding sect 8 vs free market tenants. Do you find that sect 8 tenants are a better choice for lower end properties? It seems that sect 8 tenants will be more likely to stay longer than...