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  1. S

    Refinancing income property - which debt to pay down?

    My husband and I own 2 investment properties as well as our principal residence. We're in the process of refinancing one of them and my question is which debt should I pay down with the money? We have an unsecured line of credit that was used to fund the renovations. Normally the answer would...
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    Pets in Ontario

    I understand that in ontario we cannot charge a pet deposit, however can you put in the lease that there is a monthly fee of $25 if the tenant has pets? Would you be able to enforce this if when the tenant moves in they do not have a pet but get one at a later date?
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    Advice - preparing to make first investment property purchase

    Thank you so much for the responses so far. The difference in the rates for my mortgage and heloc is 0.71% if that helps any. My thought process behind saving up the cash is that we then wouldn't be financing all or most of the down payment on the heloc. When you are running your numbers to...
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    Advice - preparing to make first investment property purchase

    Hi everyone, My husband and I are trying to get ourselves prepared to make our first investment purchase and I am hoping to get some advice from some of you who have already blazed the trail. We have our own house and have a mortgage and heloc in one where as we pay down the mortgage, our...
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