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Recent content by askmer

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    I need help finding a 40yr amort. on a rental property

    QUOTE (ArnelAliwalas @ Nov 21 2007, 10:32 AM) Give Laurel Bell a call 403-988-9991 she is with BMO and has a product that I recently used for a rental property:At Bank of Montreal we are able to offer financing of up to 80% of the purchase price and amortizations of up to 40 years (conventional...
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    Potential Fraudulent tenants

    QUOTE (SamEfford @ Dec 11 2007, 07:00 AM) That is a good one. Beats the Nigerian Missionary. I had similar replies by email the 1st time i tried renting. I actually got to the point where they sent me cheques (on flimsy paper). The warning signs went up. They followed up w/ " please cash...
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    Out-of-town/country renteres

    QUOTE (Joe @ Oct 21 2007, 06:44 PM) I think it is fine. Look at all the obvious tricks that have been posted above. Make sure the story they are providing is straight and check references a little more thoroughly. Find out why they are moving and explore the reason to assure yourself it is...
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    just purchsed my 1st investment property!

    wow.just curious, which province are you in that allows 1st+last+damage deposit ? I always think it`s unfair for landlords to only get 1/2 months (in BC). I think the rental increases are under provincial jurisdiction. Check w/ur rental board / ombudsman in your area.
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    Direct Buy

    QUOTE (crispino @ Oct 11 2007, 08:42 PM) I have been a member of Direct Buy for about 5 years..and if you plan on making alot of purchases..it`s well worth it..It worked well for me because we had just purchased our home and we needed everything from appliances to furniture..etc etc...Direct Buy...
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    looking to purchase rental property in Bradford

    QUOTE (crispino @ Oct 11 2007, 07:37 PM) We did our due diligence and the property will carry itself after expenses..so it looks ok.. We are approved for a mortgage for the property...my only concern was the down payment. I do want to avoid the CHMC cost..so I think it`s best to take the Down...
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    Platinum Properties Group

    QUOTE (jarrettvaughan @ Oct 18 2007, 09:47 AM) Currently I dont have any info on the specific project but here is a link to the website which will explain details of how the company works. I am meeting with an "advisor" today to get more details of the project and will post my finding this...
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    50% Downpayment?

    Does the amount of your savings keep pace w/the appreciation of the property in your area ? If it doesn`t, then it would make more sense to buy now as long as you can cashflow positive... How come you haven`t sat down w/a good mortgage broker who can assist you in structuring an investment plan ?
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