QUOTE (JohnS @ Apr 24 2009, 10:17 AM) This is only done on a variable rate mortgage, of course, which is where Caninvestor got it wrong, I believe. But in a variable rate mortgage, the interest rate varies. It goes up and it goes down. This doesn`t affect the amortization or anything - it`s the...

QUOTE (llee @ Apr 23 2009, 11:16 PM) Hi Mike, Can you elaborate how altering the rate and lowering month payment but not increase the ammort? I thought if less goes to the principal, then the ammort will jump up? Thanks, Lucas I don`t think you can alter the rate. Some lenders will let you...

What is the process to getting a property appraised ( personal and investment)

I am 25 years old and have 2 properties. I would love to be part out this group as well since its very hard for me to meet people from Ottawa with similar interest. Sorry for the late post.