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Recent content by billdekramer

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    Boyle Street Area

    QUOTE (ChrisDavies @ May 7 2008, 11:08 PM) Boyle Street is a little to volatile for my tastes. I've done some work there with the non-profits. Not a place for inexperienced investors, and sure not in a condo-conversion. Thanks, Chris, appreciate your input. Bill
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    Boyle Street Area

    Hi, I`ve been offered an investment position in a condo (converted from an apartment 1 year ago) in the Boyle Street area. I haven`t been able to find much info on the revitalization that the City is involved in. Can anyone tell me what the scope of the revitalization is and when it is...
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    10% Solution in Edmonton

    QUOTE (thomasbeyer2000 @ Apr 12 2008, 10:28 AM) keep looking . do NOT start in the high end locations nor single family homes as they RARELY, IF EVER, qualify for cash-flow or even 10% ! try: 4-plexes, townhouses, smaller homes in poorer neighborhoods .. Thank you, Thomas ... I am still...
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    10% Solution in Edmonton

    QUOTE (RebeccaBryan @ Apr 10 2008, 10:42 PM) In Edmonton you can safely use 8% solution and I have found properties that meet this. Look for Apartment style condo`s or Townhouses. Thanks, Rebecca, I appreciate your input. With a lower % solution, would you extend the amortization to help with...
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    10% Solution in Edmonton

    I`ve just joined REIN and want to start investing in Edmonton. I`ve been out looking and it seems like the property values have outpaced rental rates. I`m figuring that in the West End for example, a bungalow renting up and down with a garage would bring in about $2300 a month. The cost would...
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    Loan Officers: BMO CIBC

    QUOTE (DonCampbell @ Apr 6 2008, 08:15 PM) Hi, Your much better of beginning a relationship with a QUALITY mortgage broker who completely understands investment real estate (rather than be limited to your specific bank). At the upcoming REIN Workshop you should be able to meet one or two...
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    Loan Officers: BMO CIBC

    QUOTE (DonCampbell @ Apr 6 2008, 08:15 PM) Hi, Your much better of beginning a relationship with a QUALITY mortgage broker who completely understands investment real estate (rather than be limited to your specific bank). At the upcoming REIN Workshop you should be able to meet one or two...
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    Loan Officers: BMO CIBC

    I`m a new REIN member in Edmonton and want to start building relationships with bankers and mortgage brokers. My accounts are with BMO and CIBC. Can anyone recommend loan officers at either of these banks in Edmonton? Thanks for your help.
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