Hi,
I did a couple house flips in the GTA area, each time using my personal name to get a conventional open/variable mortage. Just wanted to ask the community if anyone know of a better mortgage product out there more beneficial for house flipping?
Considering purchasing under my corporation name if that is possible instead of being under my personal name, so not sure if that puts my mortgage now as a commercial mortgage?
Just starting my preliminary research before my next project.
Any insight would be helpful Thanks!
I did a couple house flips in the GTA area, each time using my personal name to get a conventional open/variable mortage. Just wanted to ask the community if anyone know of a better mortgage product out there more beneficial for house flipping?
Considering purchasing under my corporation name if that is possible instead of being under my personal name, so not sure if that puts my mortgage now as a commercial mortgage?
Just starting my preliminary research before my next project.
Any insight would be helpful Thanks!