Investors with more than one income properties , what is the Aggregated Leverage Ratio of your portfolio?

No offense, but why would anyone come in here and say I have this much $$ in Re and I owe this much And why would you believe any of it?

I'll start: I have about 90 million in fair market value and I owe about $1

How does that help you any?

Worriedone wrote: ↑ No offense, but why would anyone come in here and say I have this much $$ in Re and I owe this much And why would you believe any of it?

I'll start: I have about 90 million in fair market value and I owe about $1

How does that help you any?

how does any polling ever helps? OP may just wants to see how leveraged others are to compare it to his own portfolio.

masarwar wrote: ↑ how does any polling ever helps? OP may just wants to see how leveraged others are to compare it to his own portfolio.

Maybe I'm old school but if you want to poll and ask how many times a week you exercise or something I'm all for it but if you want to ask me the value of my RE holdings and my debt load on them and other personal financial details, no way I'm answering

Worriedone wrote: ↑ No offense, but why would anyone come in here and say I have this much $$ in Re and I owe this much And why would you believe any of it?

I'll start: I have about 90 million in fair market value and I owe about $1

How does that help you any?

Well sir, the question is, on that debt can you afford 62 rate increases coming at you?

Maybe I'm slow but I think OP is asking for a ratio, not actual $$$?

I guarantee you OP that there are people in the forum who are close to 1 but they'll never admit it. Myself? I'm at 0.25.

Debt on my primary is more than the debt on all my condos combined. Highest mortgage I have on a condo is probably under $150K now. I had a HELOC previously which is closed as I sold that property and will be taking out another HELOC for as much as I can get.

I'm at about 15-20%

edit, I'm not sure if I used the right formula.

Ratio would be much higher if the stress test was not a thing, would love to see the ratios of people living in condos vs homes.

I'm at 25% on my units. No debt on my principal. Looking to buy anytime.

sircheersa wrote: ↑ Way less than 65%. People always think it's so easy to refinance and use equity but it's not that simple you still have to qualify for all the debt. Chances are the vast majority of investors with 10 years or longer have numerous properties that have a lot of unused equity.

Now now, don't go hurting OP's feelings, he set that poll up with these numbers and is waiting excitedly for the 90%s to come crashing thru the door.

When it doesn't, he'll claim it's just the bias in RFD user population.

I think OP is just fishing for a story to tell themselves The numbers in the poll are out of whack.

I bought most of my properties after 2020 and I'm already at lower than 65%. The only way you can be over leveraged is if you're holding multiple pre-cons I guess, but even then most deposit structures require 10-15% now.

DisneyKruze wrote: ↑ I'm at 25% on my units. No debt on my principal. Looking to buy anytime.

How much % are you planning to put as down ?

sircheersa wrote: ↑ Way less than 65%. People always think it's so easy to refinance and use equity but it's not that simple you still have to qualify for all the debt. Chances are the vast majority of investors with 10 years or longer have numerous properties that have a lot of unused equity.

Like me.

headleygrange wrote: ↑ How much % are you planning to put as down ?

Between 30-50% depending on project, and pre-con vs resale.

26%, unlevered over '21, keeping the powder dry to pounce on opportunities.

Gotta pay to play.

I assume the people with over 90% have either just joined in.
Same way the ones under 50% probably have property from a few years ago or much longer.

TwinkoStar wrote: ↑ I think OP is just fishing for a story to tell themselves The numbers in the poll are out of whack.

I bought most of my properties after 2020 and I'm already at lower than 65%. The only way you can be over leveraged is if you're holding multiple pre-cons I guess, but even then most deposit structures require 10-15% now.

My sentiments exactly - OP seems like she’s fishing for content to post on R/Canadahousecels.

Not going into specifics but I bought 2 properties during pandemic and I’m well under your 65% figure, and the properties I bought (Ottawa condos) underperformed compared to the overall market.

Some people are over-leveraged right now and undoubtedly there will be some sales over the next year or so for people who couldn’t do math properly, but the market isn’t going to crash.