Recent content by mikeberg

Hello All! I`m looking at buying a second property with a second mortgage. I currently rent out the property I own which basically covers the mortgage payments. When applying for the second mortgage does the bank take into consideration that the first mortgage payments are covered by my tenants...

Hello, Has anyone ever heard of hard money, if so would it be a good idea to use that type of money for short term? Thanks

I appreciate all the replies!!! Thankyou! Mike Berg

Hello everyone, Has anybody heard about Richard Allen, the realestate guru, who offers 3 day training seminars on how to buy and sell houses. He has been advertising in the newspaper lately about his upcoming seminars. I don`t know too much about him, but what i`ve heard has been negative. Is...

The last while it seems the price of houses in Calgary have cooled. Does anyone know whether house prices will continue this way or not? Would it be a good time to buy right now, or would it be better to invest somewhere else Alberta? I appreciate the reply. Thanks, Mike