How to get financing to invest in Multi-unit residential building

If you want to get the right financing, your move from single-family to invest in Multi-unit residential building will need a lot of planning and due diligence. Property investors looking to expand their horizons and move to the next investment level often find that things have changed along the way. Case in point: financing and the differences existing between single-family or condo financing, as well as the amount of work and due diligence needed to obtain financing for Multi-unit residential Read more [...]

Why Invest in Multi-Unit residential?

 Many real estate investors are considering larger ventures such as multi-residential dwellings. Here we examine the reasoning behind such an investment, and the potential challenges that await. A lot of Canadians want to better their circumstances: where they work, how much they make, and even where they call home. After graduating from university, people rent an apartment until they can afford a good family starter home like a condo. Then they plan for a bigger home. The same is true for Read more [...]

The 10 Best Ways to Win a Bidding War

Top Tips on how to get the best price and win your next property auction Investing in real estate is a smart move- but only if you do it wisely. The reality is that bidding wars are not going away anytime soon, so here are some insights and advice that may help you secure your next property. Crunch the numbers Before you enter a bidding war or even try to buy a home, you need to get pre-approved by your mortgage company or bank so you know what you can carry and how high an offer you can make. A Read more [...]

50% per year in “property first” strategy with Rent To Own deal in Barrie

With rent to own, the tenant rents your house and has an option of buying it. They actually move into the house intending to purchase it from you sometime in the future. You determine the buying price at the start and they pay you a fee just in case they consider buying it in the future. A certain portion of the rent they pay serves as a credit that builds up with time towards their future purchase. Since the tenants pay a relatively higher than the basic market rental rate, this kind of arrangement Read more [...]

Rent to own- A creative and legitimate real estate investment strategy

The mere mentioning of the words house, investment and rent to own in one sentence  makes nay-sayers to come out in a might force. However, no one can really blame them. If you just take it upon yourself to do a quick search on the internet about rent to own, you will be met with horror stories and some shocking revelations. Nonetheless, the fact is that rent-to-own or simply RTO is a legitimate real estate investment strategy that many well intentioned and ethical investors and companies have Read more [...]

Multi-residential property in Great Toronto Area

Buying a multi-residential property in Great Toronto Area means making a multitude of decisions. The bigger the property, the more decisions you're going to have to make. It's a big responsibility to go the multi-res route, but it's one that can pay off big time if you adhere to advice, plan accordingly, do your research, and have a strong commitment to making it work. While location plays a huge factor in how successful the multi-residential property will be, there are several other factors Read more [...]

How to Choose Rent to Own Investment Properties

One of the most important things that will determine the success or failure of your rent to own program is choosing the right propert ies. I am sure that you have heard horror stories about people investing in real estate and losing out in the end. However, choosing the right properties will draw in the right type of tenants and you are instantly decreasing your chanc es of loss. If you buy a problem property, it is going to attract problem tenants so be sure that you take your time choosing Read more [...]

Want to Become Financially Independent in 7 Years? – Check out Rent to Own Investing Strategies

Everyone wants to become financially independent; however, not everyone takes the steps needed to achieve this goal. Many people read books and attend webinars; although, they do not act on it. If you want to achieve financially freedom then you need to be ready to make an investment. However, it is unrealistic to think that you won’t make any mistakes; you will. Don’t let your fear hold you back from making a sound financial decision that will put you on the path to reach your goal of becoming Read more [...]

Put Your Real Estate Program on Auto Pilot with Rent to Own Programs

If you design your rent to buy program successfully, then it is a win – win situation for everyone involved. You as the property owner win because you are profiting financially each month while paying off your property and increasing the amount of equity that you have built up in the home. The tenant wins because they have a nice place to live for an affordable price while having the option to buy the home at the end of the agreement for a fair rate. Basically, everyone wins! However, if you Read more [...]

Common questions to me about Rent to Own program

If you are thinking about going into the rent to home business, chances are you have a lot of unanswered questions. Let’s take a look at some of the more commonly asked questions by new rent to own investors. Q – What if the tenant decides not to by the home? A – Most of the time you will not have to worry about this because they have such a large amount invested in credit at the end of the lease. However, even if they do not choose to buy the home, you are still going to profit because Read more [...]