One of the simplest ways to get a property financed without having to go to a bank or rustle up a private lender or two is to get seller financing in the form of a VTB. A VTB or Vendor Take Back, is simply where the seller (Vendor) of a property is willing to provide some or all of the mortgage financing on that property.
Should you meet your tenants when you’ve hired a property manager? What’s the single biggest secret to more profits and fewer problems with property managers? These questions are answered in the videos live from the Investor Forum in Toronto, Canada.
There are a lot of listings on MLS or other websites that say “MOTIVATED SELLER” in the listing. Most of them are meaningless to me. The seller may want to sell their house but they are not the kind of motivated seller that actually wants to give you a discount on the house for making the deal happen in the timeframe or with the terms they need.
by Julie Broad
Two days ago we sent out a note of enormous THANKS to our newsletter subscribers for all their votes in the recent Canadian Real Estate Magazine’s Reader’s Choice Awards. We took home TWO awards … which is pretty cool! We won for the best real estate investing website AND the best investor. It’s truly an honour and we also want to thank our blog readers that voted! It means a lot to us!
Read more on A Day in the Life of the Best Real Estate Investor…
by Julie Broad
Mexico was jam packed with fun, adventure, sun, relaxation and laughs. We both had a great time, even with a little ATV accident which led Dave to have 9 stitches and a ton of advil four days into the trip! I have a little video from the ATV fun before his accident if you’re curious about one of the adventures we had!!
Read more on How to Evaluate the Cashflow on a Rental Property…
