Lianne Ottaviano
Seller financing with existing mortgage
Hi everyone, I have a property for sale and I've just been asked about seller financing. I do have some mortgage left on this property. Is it possible to do this in Canada? Do I continue to pay the bank and just colle...
Elizabeth J Humphrey
how can my property have 2 liens against and I don't know?
So here is my story, I have owned my home for the last 17 years and have refinanced at least 5 times in those 17 years. The most recent refi was actually to acquire an equity line of credit, basically because we owed ...
Bhai Shah
Bank/Lender recommendation for Multi family Investment Property
Hello BP members,I am excited about offer getting accepted on our first MF Investment property in South TX market. Now comes the hard part, I am looking for a commercial loan with 20% down and 25-30 year term with 5% ...
Wendy Schultz
Do you consider mortgage payments an expense?
I've debating in my mind if I should consider the mortgage payment in my expenses when determining profitability. Only the interest is truly an expense but a mortgage payment certainly impacts cash flow. How do you de...
Andrew Bilak
Canadian Real Estate Market Cash Out REFI Question
I'm in the Canad]ian market and just want some clarification. Is the amount that you pull out on a cash-out refi, actually the forced ARV 'cash' or am I paying taxes and or interest on that cash amount based on the ne...
Alex Jefferson
Question About Placing Home Under Contract
Hey everybody, I hope your having a good start of the new year so far. If not I'm sure it will get better for you.
I have a question in regards to placing a home under contract. Say you place a home under contract b...
Benjamin Furney
Are banks more flexible with mortages if its a multifamily?
When applying for a mortgage and the banks look at someones income, they will give a mortgage estimation of what someone can afford. What happens if the property is a duplex though? Does the bank take into account tha...
Chris L.
New to investing, looking for input on house purchase
0 votesNo votes yet
Hey there! I’m new to investing in Durham and I am thinking of buying a neighbors 3 bedroom house near Duke. It’s not going to be a steal because it’s close to Duke, but I think it might be easie...
Brandt Welch
How to Finance My Second Property
Hello BP community!I recently purchased my first home about 8 months ago and I'm looking to buy another in the area to rent out. I had a conversation with a lender this morning and he mentioned that the underwriter fo...
Quentin Johnson
Let's get creative - Deal Brainstorming
I was approached about getting in on a deal for a condo in Dallas County. The condo had an electrical fire about a year ago and the owner has been making mortgage payments and rent at their new place during that time....