Maximizing cash flow with prime - .75% interest only mortgages. $300,000 x 2.25% / 12 months = $562.50/month

[RealtorAssist]

If you have a portfolio of properties, this program becomes a juggling act between multiple banks in order to fit in their box. I have worked on portfolio's in where I had to structure a deal at TD, then First Line, then Scotia to have everything fit.





On top of the interest only mortgage payments at prime - .75%, you can set up a secured line of credit beyond your current mortgage to access the extra equity when you need it.





Not everyone qualifies for this program right away. This program is very difficult to get vs traditional variable and fixed rate mortgages.





Anyways! Here is a video of me explaining how I figured it out and how it works.





If your a mortgage broker and wondering where this program is, the best one is at first line which is owned by cibc.





http://financialstuff.ca/vid/lowest-mortgage-payment-canada/





Robert Klein
Mortgage Broker, Real Estate Investor




Co-Founder of FinancialStuff.ca



Vancouver Mortgage Corp | Head Office



A: 2465 Bellevue Avenue



West Vancouver, BC, V7V 1E1



C: 778.896.6732 | F:604.648.9701



Email: [email protected]



Visit our website at www.FinancialStuff.ca



Last Video Blog Entry: Lowest Mortgage Payment in Canada