Hai Loc
First Time Home Buyer
With the rising home prices in Toronto GTA Ontario..The government has has implemented a first time home buyers incentive for you to buy a home with a downpayment between 10-15% and avoid CMHC taxes..One of the requir...
Andrew Pettit
Setting up a LLC, what agencies do I need to file it with?
Happy Christmas eve everyone, When setting up a LLC, should I file the "operating agreement" with my local state government?
Tim Kane
Part Timer Switching over to Full Time REI
Hey local BP members,Random question, but I am a part time real estate investor (last 4 years) who works for the government that is jumping ship and becoming a full time REI in the winter/spring. I've had the luxury o...
Tom Goans
3 Myths of the Financial Crisis
3 Myths of the Financial Crisis
MYTH #1: Greedy Bankers Preyed On the Weak
Greed is not unique to bankers. A culture of house-flipping, "liar loans," and easy money ran deep through the post-2000 cultur...
Richard Ball
With the probability of govt debt reduction are you...
With the high probability of govt debt reduction are you reducing your number of Section 8 tenants to hedge against the possible outcome that the Section 8 program may see a reduction in funding?
Stan C.
Property tax strike? How to deal with lost rent due to quarantine
So, recent government order to stop evictions is basically an order to stop paying rent and live in our properties for free. In NYC landlords are about to go on strike and will not pay properly taxes in return. Are th...
George Gammon
Inflation vs. Deflation...Arguments For/Against and Hedging.
In a different post I out lined an argument and counter argument for each scenario... Deflation, Stagflation, Inflation and Hyperinflation. It was aimed at a BP member wanting to hedge their portfolio. Hopefully it ...
Nerton Saintfort
First-time buyer grants
Has anyone use a government grant for there first property? I been thinking about using a government grant for my first investment. I heard from a podcast that you could use it for your first property,but most of the ...
N/A N/A
First Time Home Buyer Programs?
Hi, I'm looking to buy my first house. Probably a 30 year fixed.
My father keeps telling that government programs exist to help out first time buyers.
I did a quick search but couldn't really find anything.
Do su...
Michael Mikhail
What’s the Difference between a QM and Non-QM Loan Program?
Great question! QM stands for a qualified mortgage. Qualified mortgages tend to be traditional government-backed loans and conventional loans (basically non-government backed traditional loans).
QM Loans are usually...