Dear allI am close to secure my first property (Canada) and currently  discussing the mortgage details my banker. He  strongly reccomends (for logical reasons) a mortgage insurance.1) What's your take about about it ?...

How to go about Subject To? I have an opportunity on a property from a family member but I would like to go subject to route. How Can I explain this to the seller? Pros/cons... ANY info is welcome and much appreciated! 

So I have had many properties that I had put the typical 20% or 30% down on a 30 Year loan and had a Fixed payment with the bank.  When I had extra money or a large commission I would always put large amounts to the p...

I have a question in regard to refinancing rental property. The interest rate spread of a conventional mortgage between a rental property and a primary residence is about 1.5%. I remember the time when it was closer t...

Hello 
This year my wife and I started our real estate journey. We have one house that is being renovated currently and closed this week on two townhomes. We used a private lender to purchase the first house. For the...

Subject To and Wraps are very similar and yet, very different.
Subject To & Wraps share these characteristics

You are taking over payment of the mortgage and transferring the property into your name...

How does making an extra say $1000 towards mortgage principal affect the mortgage? For example if I pay an extra $1000 on the 15th, would that reduce the amount of interest I pay next month since my mortgage balance i...

Hi, I just bought my first investment property, I am paying my first mortgage payment.  I was informed my mortgage was sold from the original bank I made it through.  I received my first paper statement, all good, sam...

I need some advise on a opportunity I received today. I have a very motivated seller who wants to sell her house as she is late on her mortgage payments ,owe HOA and back taxes.  I am looking to flip this property as ...

Can I obtain a line of credit on my half of a property? The property breaks down like this:We still owe about $55kNOI $15kApprox value @ 9% CAP $165kApprox. $110k in equity copmbined or $55k eachThat NOI is subtractin...