I am looking at this investment in Surrey which consists of five - 2 bedroom units and one - 1 bedroom. It's priced at $900 000 which works out to $150 000/unit. I have read multifamily reports of units selling for 105k-120k in New West, 120k being in smaller buildings. New West I would...

I have been looking to to purchasing either a four-plex or a six-plex in Surrey, BC. I have heard once you go to 6 + units it is considered commercial and you can use the income from the building to qualify for the financing. I have heard commercial rates are higher and also lower then...