Real Estate Talks

Banks in Canada closely monitor levels of household debt and only lend to those who they believe can pay the money back,” said Dave Bauer, a spokesman for the Canadian Bankers Association. New mortgage applications are down for single-family homes.  First time home buyers have driven into condo and...

Looking for ideas to initiate construction of a mixed-use commercial building. What is the initial process and who are the players? I own a clear title commercial lot in Maple Ridge.

The market is stabilizing after thousands are being priced out and are scrambling to find a rental! It's like a train just arrived but full and the desperate riders are waiting for the next one. The stress test will be stressed like many other tests before it. But this time it is ensured that everyo...

I am a Banker with a Chartered Bank in Canada.

I was curious where his next deal is, what areas he's looking into, etc - threw me off balance - he says he's sitting out. Had he told you where his next deal is, you won't be wasting your time posting here. Unless you are the one who just talk the talk. The fools are selling and greater fools are ...

If you want to buy your second property in two years, buy your first now. Vancouver is different. Soon, people will rent their homes for half days. Renters will sleep during the day and leave before you are home. There will be an app for this arrangement and TV shows to promote this trend. :lol: Imm...

So the people he rent to are not Canadians? He may be subsidising them and provide affordable housing. Nothing wrong with that?

....I agree on this one but only where the mortgagor is old person with lots of equity. "Whipmaster" " greater risk brings greater rewards" If you like to play safe then invest in GIC. :D Older guys with lot's of equity can borrow for less. As an investor you would like to get 8% -12% for your money.

Invest in Mortgages, in markets like BC. You cannot go wrong.

I saw this on the craigslist today.

Wooohoo. Zirp, here we come.

There is lots of crap inside of mortgages that most people do not know. Most people only understand rates. For residential, there are things like IRD penalties + re-advanceables

Prime- 0.70 is being offered by many lender.

Here we go.


http://www.cbc.ca/news/canada/british-c ... -1.2937732