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(Free) Canadian Real Estate

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Property Hustlers

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5 contributions to (Free) Canadian Real Estate
Refinancing
Current rate with Lendwise is 4.84% with 3 years left on my current term. $3600 in penalties, should I refinance now or just complete my commitment? What mortgages are you currently working with? Trying to access whatever equity I have to buy another rental.
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New comment 8d ago
1 like • 9d
@Daniel Foch one loan size is $520,000 (left) out of 610,000 The other is 232,000 out of $310,000.
0 likes • 8d
@Daniel Foch thanks for calculating that for me! Definitely better to wait until rates are lower (if they even will go down).
Cash flow in the Atlantic
Anyone else in the Avalon region in Newfoundland finding it tough to get deals that make sense aka cash flow a tad bit?
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New comment 16d ago
0 likes • 16d
@Nicholas Montevecchi I’m looking at 2 apartment homes since the numbers kept making sense 6 months ago but now I can’t find any appropriate ones for cash flow. I wonder if single family homes makes sense to get at this time? I usually buy homes that are 2003 and above to prevent getting homes who were made with asbestos but I wonder if this even makes sense?
Day 1 Homework
For a chance to win a FREE upgrade to our Realist course: do the homework every day this week. Thanks everyone for awesome session today. As mentioned on the call - please see the homework below: 1. If you missed the call, please view the recording in the Classroom Tab (typically rendered & uploaded within a few hours) 2. Get access to a spreadsheet software (Excel, or Google Sheets is free with gmail) 3. Download the Door Insight Chrome extension & start analyzing (https://chromewebstore.google.com/detail/door-insight-ai-assistant/ihgocalhphddkfdideofpacjbnlibiai) 4. Go to the welcome post & follow the instructions (https://www.skool.com/realist101-2915/welcome-start-here-2?p=922610b1) 5. Respond to at least one other member's comment in the welcome post. 6. Comment "DONE" in this thread
Complete action
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New comment 6d ago
0 likes • 25d
I’m a bit late but DONE. this is great stuff!
Commercial Loans for Residential Properties
Hey everyone, Curious to know if anyone has gone for a commercial loan on a residential (1- or 2-unit) house before. Any strong reactions for or against this? Residential mortgage isn't an option at the moment, but we have a place purchased with cash that we're planning to BRRRR. Cheers, Colin
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New comment 25d ago
0 likes • 26d
@Bev Hepburn 5 doors or 5 houses? I’m on my 4th duplex and one single family and i was told that I can’t do residential (RBC).
0 likes • 25d
@Bev Hepburn thank you!
TO EVERYONE OUT THERE
Hey Everyone, We're thrilled to announce that Realist Premium has reached a significant milestone: 100 members strong! 🚀 🚀 🚀 It seems like only yesterday—yet also a lifetime ago—that Dan, Mitch, and I embarked on this journey. Our goal was simple but powerful: create a unique platform that meets market needs and transforms lives.| Our mission was & still is clear: build the best community for real estate investors and professionals in Canada. With your help, we're well on our way. Your participation and enthusiasm prove there's truly power in numbers! Reaching 100 members is just the beginning. We're paving the way for a future brimming with opportunities and success. If you've been part of our free community, now's the perfect time to consider joining our paid program. Dive deeper into specialized resources, receive personalized coaching, defeat analysis paralysis and connect with investors and experts across the country. Book a call with us here, a brighter future is waiting on the other side https://www.realist.ca/book-a-call-1
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New comment 24d ago
0 likes • 26d
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Hao Lee
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1point to level up
@hao-lee-8455
LFG

Active 17h ago
Joined Apr 30, 2024
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