QUOTE (JDRInvestments @ Oct 21 2009, 04:48 PM) Hi Aaron, I did have a lengthier reply, but the system did not save it so I will try an summarize what I said initially. There is much information on this site regarding RTO strategies with many experts having their unique systems and procedures...

QUOTE (Dan_Eisenhauer @ Oct 21 2009, 02:31 PM) At this time, I am using RTO exclusively, both as an acquisition strategy, and as an exit strategy. As an acquisition strategy, one can build a large portfolio with little money coming out of your own pocket, other than covering a couple months...

QUOTE (thomasbeyer2000 @ Oct 16 2009, 01:43 PM) membership comes with priviledges .. such as help by other members !! Yes, thanks Thomas, I`ll take that into consideration. I have since spoken to a number of people who assure me that buying a property subject to existing financing is quite...

QUOTE (thomasbeyer2000 @ Oct 16 2009, 02:14 AM) it rarely works here without bank approval .. but there are work arounds / similar strategies as described here: http://myreinspace.com/rein_members_only/Legal/85-13438-67470-Ron_Legrands_Get_The_Deed_strategy.html#67470 Thomas, I can't...

Hey folks, I`ve just ordered, recieved, and gone over one of Ron Legrands books. He speaks about options, and subject to deals. Are subject to deals common here in Canada? Does anyone have a story or deal that they can tell regarding subject to deals? Thanks. Aaron

I was surfing the net lately and came across a guy in Texas - David Alexander - who is doing something called a sub3. I understand it is a no or low risk version of a "subject to" deal. Just wondering if anybody has heard of it and if so could you explain it? Aaron

I understand that Ron will be speaking here in Canada in October. I have read through some posts on this forum about Ron and the feedback has been quite incredible. I am interested in buying Ron`s "Fast cash generator" course. With this course, Ron throws in his new book "Quick Turn Real...

QUOTE (GoRentFreeFast @ Sep 30 2009, 01:49 PM) Hi Aaron, The method of LTO (RTO) you`ve just described is effectively a sandwich lease option whereby you would negotiate an option to purchase with the homeowner first before looking for a LTO tenant to put into the property. At the end of the...

I have been reading up alot on RTO and Lease purchase. It seems like a win/win/win situation. You get to help out the homeowner, you get to help put a tenant/buyer into a home, and you make some money doing it. The way I understand it is that you sign a lease purchase agreement with the...

QUOTE (markl @ Sep 25 2009, 12:06 PM) Hey Gary that was Kevin not Ken. And Kevin works with a number of our investors. As stated the most popular product among our investors is 90% LTV insured by CMHC. We have had some go as high as 95% as well. If you are going conventional therefore not...

If you do one RTO every other year or so, I can see getting a conventional mortgage. But what if you did want to make your real estate investing a career and started doing multiple RTO`s? Would you still be able to get conventional mortgage financing, or would the banks insist you take a...

I currently have my personal home mortgage through Firstline. They seem easier to deal with than the major banks. I just wanted to get some opinions on what other investors use. I`m looking at getting a mortgage for a home I hope to offer up as a lease to own property. Do most investors split...

QUOTE (tonypeters @ Sep 22 2009, 09:14 PM) I touched base on this particular subject on a different post, but for the benefit of all on this particular thread, I will say this again. There used to be a bigger difference on the amount of tax payable between that of "Income" versus a "Capital...

QUOTE (GarthChapman @ Sep 21 2009, 03:57 PM) If CRA decides that you are in the business of buying properties with your intent being to sell rather than to hold, as is the case with RTOs, then the gains will be taxed as Income and not as Capital Gains. So what would be better? Taxed as income...

If I have a tenant/buyer who purchases my property at the end of the lease term, do I pay taxes on that sale as income earned? IE: If I make $60,000 a year at my job, and realize a profit of $15,000 from the sale of my property, do I now pay income tax on $75,000 instead of $60,000? Does...