All Forum Posts by: Dave Rad
Dave Rad has started 2 posts and replied 3 times.
Post: Rentometer - what does "60% between: $1000– $1600" mean?
Dave RadPosted
- Winnipeg, Manitoba
- Posts 3
- Votes 0
Ah...Thanks...that helps!
Post: Rentometer - what does "60% between: $1000– $1600" mean?
Dave RadPosted
- Winnipeg, Manitoba
- Posts 3
- Votes 0
Re: "60% between: $1000– $1600
80% between: $880 – $1820"
"corresponds to the 20th and 80th percentile"
What exactly does this tell me?
Post: Executor and Shareholder of Inheritance Property
Dave RadPosted
- Winnipeg, Manitoba
- Posts 3
- Votes 0
The other owners want to sell their single family dwelling and divide the shares. As Executor, I want to buy them out and keep the house (which they are fine with as well). Now, let's assume I cannot normally get credit (ok...more than an assumption) and the inherited property is fully paid for.
Question: Can I re-mortgage or secure a line of credit using the property as collateral by turning it into an income/rental property?
(Fyi, the property is in a great location for rental properties.)