Hi all, what are your thoughts on cash back mortgages? I've always been against them because it seemed like you would always end up paying more in the long run. However I've been looking into CIBC's offer and on the surface it's seems good. I'm sure I am missing something and was hoping someone...

Hello all, I was hoping I could get some guidance from the forum. It was my understanding that you could refinance a rental property up to 80% LTV without CMHC insurance. However when I meet with my mortgage broker today he said that all of his lenders are now only going up to 75%LTV...

You are correct about the 4-5% cap rates Thomas. I was calculating it with just gross rents and not including expenses which was obviously incorrect. That is very interesting about the rental pooled condos. Do you have any advice on finding out if a condo is rental pooled or not (a specific...

Thanks for all the advice everyone. I really do appreciate it. Thomas - to be honest the only reason we were thinking Kelowna is because we live there and figured it would be easier to invest where we already live. I realize that from an investor perspective this is not a valid reason and it...

Hey everyone, I`ve been reading the forums for a long time and appreciate all the insight and advice being thrown around. I signed up today because I was hoping to get some advice from the forums. My wife and I have been wanting to get into real estate investing for a while now but just...