Coldwell Banker Fort McMurray
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Tag Archives: investors
Five red flags over joint ventures
With the new mortgage rules taking effect in a week, Joint Ventures may begin to increase in popularity. JVs are business agreements where parties agree to develop a new entity and new assets by contributing equity. They exercise control over … Continue reading
Posted in Miscellaneous Articles
Tagged investments, investors, joint ventures, warning
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Scotiabank tightens lending practices to investors
Scotiabank has long been heralded as a boon to investors, however there have been a few notable changes. Scotiabank’s mortgages changes include, but are not limited to: LImiting borrowers to five rental properties, including those financed elsewhere Restricting mortgages to … Continue reading
