I have explored a couple of brokers and discovered that the LTV are more on the conservative side albeit it 65-70% LTV . When the fees are added seems to be around the 7.5%-8% area. I have 3 SFH, 1Tri & 1 that I'm working on right now. Did try reaching out to your contact , no luck yet..he may...
Thanks Adam. Would you or anybody reading this tread be able to provide me with a contact name at any of these banks or B2R. you can also email me [email protected] or call me 416-618-3008. Much appreciated!
Mainly single family dwellings and have applied the Canadian LOC approach. Require further funding to expand that's why I was thinking of the 401K if that works lie the Canadian RRSP mortgages
Thomas , your input is greatly appreciated. I explored the mortgage angle with a couple of brokers and upon reviewing them them further the cost of borrowing was very high once the fees were added. The loan to Value % were lower around the 60%-65%. Then I wondered if the the appraisals would...
I have been investing in U.S rental properties and would like to continue along this path. The increased costs with the Cdn/ U.S currency exchange I'm turning my attention to private financing in U.S funds.
Would be very interested in finding out if anybody can share their experience in...