QUOTE (GaryMcGowan @ Mar 9 2010, 11:57 AM) Thanks Garth, I could not of explained it better. So what mortgage products are available at the end of term when you don`t want to sell the property but want to purchase another primary residence? Alternative scenario, you want to hold onto the...

QUOTE (MikeMcCrae @ Mar 7 2010, 06:59 PM) Gary is right to say it is a second property when it is a rental is fraud. You can`t learn if you don`t ask but... I`m not quite getting the fraud part. Please read this from CMHC. http://www.cmhc-schl.gc.ca/en/hoficlincl/m...Second-Home.pdf They are...

Hi Everyone, I looked up CMHC rules and it allows the insurance of a mortgage on a 2nd residence, which got me thinking... what are the rules if any of obtaining a mortgage on a 2nd residence and using that residence as an investment property, ie rental. What happens when it comes time for...

QUOTE (housingrental @ Jan 31 2010, 12:22 PM) Hi benho2006 Why not try out a REIN meeting? There is a monthly meeting for KWC investors at a coffee shop if you`d like to go to the next one email me for info I certainly am intrigued to attend a meeting. Having read some posts on this forum...

This is a great topic. It`s kind of disappointing that there aren`t that many examples of cashflow for Toronto. Are there any other gurus out there in Toronto that have achieved cashflowing investment properties? Please share some hope. -ben

Hi Everyone. I`m also from toronto and looking to invest in the GTA and KWC. I`ve been browsing around and still need to build up lots of knowledge. I`ve bought and sold many residential properties in the GTA so I have experience to share but also lots to learn. I`m up to meeting up with other...

Hi Terri, I`m new to the forum and REIN. I also am in Toronto High Park area. I`m fascinated by your experience for this investment. What was the result of the appraisal? My past experience with bank appraisers is: they don`t give answers. I`ve just started investing in RE and would...

QUOTE (invst4profit @ Jan 16 2010, 09:48 PM) Thomas has a very good point. Holding a mortgage in a RSP at a low rate is not a very smart investment as RSPs go. I am not sure why anyone would want to do it unless it is there own RSP and they have no other possible source of money. Still a poor...

Is it possible to lend yourself an RRSP mortgage and would it be even practical to do so?

Adam Hoffman - I am curious as to why you think renting to students in waterloo would be different from guelph. Other that the local economics and guelph not being the top rated investment city. Can you elaborate please. Thanks. BH.