Colin Byrne Buying Your First Home With Your Parents Help 043 RSIRE

Colin Byrne shares his experience as a first time home buyer, and all the challenges that brings. He had been a renter but desired to own his own home after a roommate was moving out, so looked at condos. As with all experiences, there were positive and negative issues and he shares them to help other first time home buyers. His income matched a condo to his liking, and he was confident on paper that he could make the payments, but asked his parents for the down payment. After the lender pushed back on approval also due to a past due unpaid debt, his mom finally co-signed for his first mortgage term, but he was able to qualify on his own after that. Tune in to learn more about more of his challenges.

Join host award winning mortgage broker Denise Laframboise and Nicolee Evans each week as they brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories!

To get in touch with Denise or Nicolee:

Web: http://LaframboiseMortgage.ca

Email: experts@laframboisemortgage.ca

Phone: 289-645-1568

George Dube from BDO on Building A Real Estate Portfolio 042 RSIRE

George Dube, an accountant from BDO that specializes in Real Estate, but has a deep background in tax administration, joins host Nicolee Evans to chat about the importance of how to start investing, and why an accountant in the beginning can be your best friend and helper. Are you going to buy 1 investment property, or 100? Do you need to incorporate or can you do it under your own name? Is it easier to buy an additional single family property, or a multiplex? George provides some dos and some don’ts, mistakes that he’s aware of, as he owns 100’s of doors, many that are a mix of residential and commercial.

Website: https://GeorgeEDube.com

Email: gdube@bdo.ca

Join host award winning mortgage broker Denise Laframboise and Nicolee Evans each week as they brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories!

To get in touch with Denise or Nicolee:

Web: http://LaframboiseMortgage.ca

Email: mortgage@DeniseLaframboise.ca

Phone: 289-645-1568 ext 1

Arlen Ekstein Discusses Private Mortgages 041 RSIRE

Arlen Ekstein, Senior Associate at Tembo Financial, joins host Nicolee Evans to discuss mortgage funds known as private mortgages. Unlike an A lender like a bank, or a B lender like other institutions, a private mortgage is usually put together with investors pooling their funds, to lend out to purchasers. Unlike the banks, the rules and restrictions can sometimes be easier to obtain financing for a purchase. Nicolee and Arlen touch on many of the pros and cons or private lending, and how YOU can take advantage of this powerful lending tool if you need it.

Website: https://Tembofinancial.com

Email: info@tembofinancial.com

Join host award winning mortgage broker Denise Laframboise and Nicolee Evans each week as they brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories!

To get in touch with Denise or Nicolee:

Web: http://LaframboiseMortgage.ca

Email: mortgage@DeniseLaframboise.ca

Phone: 289-645-1568 ext 1

Jason Lane Offers Buying & Selling Tips For a Smooth Closing #040 RSIRE

Jason Lane joined Woitzik Polsinelli LLP, Lawyers and Mediators in 2018 as a summer law student. Jason obtained his Juris Doctor from The University of Western Ontario in 2019 and is now an associate in our Family and Real Estate Groups.

During his time at WP, Jason has gained extensive knowledge regarding a variety of real property matters such as the purchase and sale of new homes, condominiums, re-sales, and assignments. Jason is very understanding of the fact that completing a real estate transaction can seem overwhelming and complicated, but his attention to detail and focus on client communication will ensure that the closing process is made simple and straightforward.

Jason joins Nicolee Evans to discuss some of the situations he’s seen that cause a closing to fail, and provide many tips on how to have a successful real estate closing!

Website: https://durhamlawyer.ca/team-members/jason-lane/

Join host award winning mortgage broker Denise Laframboise and Nicolee Evans each week as they brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories!

To get in touch with Denise or Nicolee:

Web: http://LaframboiseMortgage.ca

Email: mortgage@DeniseLaframboise.ca

Phone: 289-645-1568 ext 1

#039 RSIRE Lyndsey McNally Talks About Condo Ownership & What to Know Before Purchasing

With a wealth of experience spanning back to 2002, Lyndsey McNally from Condominium Lending Group boasts an extensive background in the condominium sector, where she has dedicated her efforts to supporting the success of the communities that she works with.

Lyndsey is the current President of the Toronto & Area Chapter of the Canadian Condominium Institute, volunteering her time extensively to improve the condominium industry. She also volunteers in other areas of residential housing such as municipal property standards appeals and affordable housing, acting as Chair for both the Ajax Municipal Housing Corporation and the Town of Ajax Property Standards and Animal Services Appeals Committee.

As the subject matter expert, course designer, and faculty instructor at Humber College on the subject of Financial Management for Condominiums, you can rely on Lyndsey to bring an education-focused approach to her work with condominium communities.

Website: https://condolending.com/our-team/lyndseymcnally/

Join host award winning mortgage broker Denise Laframboise and Nicolee Evans each week as they brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories!

To get in touch with Denise:

Web: http://DeniseLaframboise.ca

Email: mortgage@DeniseLaframboise.ca 

Phone: 289-645-1568 ext 1

#038 RSIRE Tahani Aburaneh Shares Her Journey Empowering Women To Grow Wealth Through Real Estate Investing

Tahani Aburaneh is one of Canada’s top real estate investing experts, an Amazon bestselling author, wealth coach, but above all, a proud single mother of 2 grown children. She has spoken to thousands of people as a keynote speaker on stages across North America and is a featured guest on numerous podcasts, TV shows and 2 international documentaries. Most recently, Tahani founded the Females In Real Estate movement which inspires and empowers women from all walks of life to create financial freedom through real estate investing.

How does she feel empowering women? What were her challenges, and would she do it again? Yes, and YES! Tune in for all the details on this amazing initiative, what she learned and how successful she has helped other female investors to be.

Website: https://tahani.ca

Join host award winning mortgage broker Denise Laframboise each week as she brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories.

To get in touch with Denise:

Web: http://DeniseLaframboise.ca

Email: mortgage@DeniseLaframboise.ca 

Phone: 289-645-1568 ext 1

Hashtags for this episode: #mortgage, #financing, #refi, #equity, #rentals, #investment, #GTA, #Toronto, #Ontario, #durham, #legislation, #realtor, #rentals, #ADU, #accessorydwellingunit, #landlord, #tenants, #female, #investing, #empowerment

#037 RSIRE Steven Pargetter Discusses How He Helped His Parents As Retirees Through The Stress Test

Steven is a GTA-based realtor who has been helping clients purchase and sell real estate for over 10 years. He LOVES living in downtown Toronto. As his bio says, “I have been living in downtown Toronto with my wife and son selling real estate for a decade now. I love to help people find the perfect property for their needs and see them succeed. Although I'm in a sales position, I believe that real estate isn't about sales when it comes to the client. You're not going to be convinced out of the blue to go and buy an expensive property.”

When his parents retired they wanted to purchase another property and had great income. But, they had difficulty getting financing, as the stress test caused lenders to look harder at their applications. Although their current income could easily support the purchase, many lenders are somewhat hesitant to give mortgages out after someone retires. 

Steven was able to help his parents get their next property, and learned some valuable lessons that he can use to serve other clients. 

Website: http://TheInvestedAgent.ca 

Join host award winning mortgage broker Denise Laframboise each week as she brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories.

To get in touch with Denise:

Web: http://DeniseLaframboise.ca

Email: mortgage@DeniseLaframboise.ca 

Phone: 289-645-1568 ext 1

Hashtags for this episode: 

#036 RSIRE Arsalan Siddiqui Shares His Experience Building A Large Addition On His Home

Arsalan is a Toronto-based realtor who decided to move his parents in with he and his family in 2019. They first started investigating buying a larger home, but what he thought they required was $2.5 million and above. 

To be practical, he decided to see if he could build a 550 Sqf addition onto his existing home, but there were many hurdles to jump - first of all seeing if it was possible/permissible in his area to do this.

He decided to hire an architect to do the planning and then do the work. After interviewing a short list, the prices were all over the place. And with COVID happening, materials were hard to find and finding someone to actually be able to do the job was difficult. 

How was his experience with the renovation? Were there any issues, and would he do it again? Yes, and YES! Tune in for all the details on this project, what he learned and how it came to a successful conclusion.

Website: https://www.arsalansiddiqui.ca 

Join host award winning mortgage broker Denise Laframboise each week as she brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories.

To get in touch with Denise:

Web: http://DeniseLaframboise.ca

Email: mortgage@DeniseLaframboise.ca 

Phone: 289-645-1568 ext 1