- Joined
- Oct 17, 2007
- Messages
- 295
I am looking to refinance through CMHC a couple apartment buildings I already own. The fees make sense as the interest rates are very good with an extended amortization period. My strategy with these buildings are long term holds.
This is my first time going the CMHC route for apartment buildings. The process looks quite detailed with a variety of required reports.
Does anyone have any suggestions that have already gone this route? How long of a term did you go with?
Any potential snags a person should be aware of?
Any input is appreciated.
Thanks in advance.
This is my first time going the CMHC route for apartment buildings. The process looks quite detailed with a variety of required reports.
Does anyone have any suggestions that have already gone this route? How long of a term did you go with?
Any potential snags a person should be aware of?
Any input is appreciated.
Thanks in advance.