- Joined
- Dec 6, 2015
- Messages
- 49
Hello,
I am in search of a skilled mortgage broker in the Edmonton area. Would like somebody who:
-is a top performer
-is experienced in working with real estate investors
-is a real estate investor themselves
-is experienced in working with the self employed
To give a brief overview...would like to buy older bungalows for the most part, develop legal basement suites and reappraise upon completion, using funds for the next property.
Therefore, any broker who has access to lenders who have:
-quick turnaround time for appraisals (no 8 or 9 month grace period from suite completion to ability to access funds from reappraisal)
-has a history of favorable appraisal numbers
-has a favorable formula to help use current and/or future rental income to help client qualify
-can look at the long term, big picture and use out of the box methods for approval to ensure I won't hit a wall after 3 or 4 properties.
Low interest rates are great, but I would rather pay a slightly higher rate and have 7 or 8 properties in 10 years vs paying .25% less and being tapped out after 3 or 4 properties with a traditional bank.
Thanks in advance.
I am in search of a skilled mortgage broker in the Edmonton area. Would like somebody who:
-is a top performer
-is experienced in working with real estate investors
-is a real estate investor themselves
-is experienced in working with the self employed
To give a brief overview...would like to buy older bungalows for the most part, develop legal basement suites and reappraise upon completion, using funds for the next property.
Therefore, any broker who has access to lenders who have:
-quick turnaround time for appraisals (no 8 or 9 month grace period from suite completion to ability to access funds from reappraisal)
-has a history of favorable appraisal numbers
-has a favorable formula to help use current and/or future rental income to help client qualify
-can look at the long term, big picture and use out of the box methods for approval to ensure I won't hit a wall after 3 or 4 properties.
Low interest rates are great, but I would rather pay a slightly higher rate and have 7 or 8 properties in 10 years vs paying .25% less and being tapped out after 3 or 4 properties with a traditional bank.
Thanks in advance.
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