QUOTE A few points if I may: What are the details of the financing (high level of course?) What is the prevailing cap rate for this type of building? For the 1st or VTB and is it interest only or P/I? Thanks Mark for the tips. The payment will be on P/I. The cap rate is on the higher side...

Hi All, I am trying to buy a commercial property in Waterloo. It will be a VTB transaction of around $1.2m. It is my first real estate investment ( I have owned a rental townhouse for one year before). The cap rate is 10. interest rate could be around prime rate. I will be able to pay around...