About neiloliver

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So far neiloliver has created 13 blog entries.
20 05, 2015

How Lenders Calculate Debt Ratios on Rental Properties


In a previous post I talked about the basics of mortgage debt ratios—the calculations lenders use to determine if you qualify for a mortgage. This prompted this reader question: Q: If I own a rental property, which debt ratio do you add the rental property mortgage payment, rental income, taxes and heat to? —Bob A: While the [...]

30 04, 2015

Basics of Mortgage Debt Ratios


How the TDS and GDS are Calcultated Typically, mortgage lenders use the “Five C” rule when analyzing someone’s ability to afford a mortgage: 1) Capacity to repay (your income) 2) Current economic conditions (your profession’s current economic status as well as your city and country’s economic situation) 3) Capital put down (the down payment you [...]

26 01, 2015

Rent to Own Values Must Follow Proven Trends


by Rachel Oliver (Contributing Blogger for Canadian Real Estate Magazine) It’s no surprise that investors who have rent-to-own or lease option properties in their portfolio make most of their profit on the difference or appreciative value between today’s purchase price and future selling price. The higher the future price tag – the bigger the ROI. [...]