recommendations for mortgage broker in Victoria/Duncan BC

[invest4life]

Hello everyone. We`re new to real estate investing and are working on building our investment `team`. Can anyone recommend a savvy commercial lender or broker in the Victoria/Duncan/Nanaimo BC area? Second, on a property such as a mobile home park generating good documented income, what percentage of downpayment are banks requiring these days and what is a ballpark interest rate? According to Don Campbell`s 97 Tips for Canadian Real Estate Investors, commercial loan programs can provide financing for up to 80% of the value for multi-family buildings...can anyone comment and give us some advice?

Thanks so much
Dom

 

[charleedog]

QUOTE (invest4life @ Oct 21 2009, 09:44 PM) Hello everyone. We`re new to real estate investing and are working on building our investment `team`. Can anyone recommend a savvy commercial lender or broker in the Victoria/Duncan/Nanaimo BC area? Second, on a property such as a mobile home park generating good documented income, what percentage of downpayment are banks requiring these days and what is a ballpark interest rate? According to Don Campbell`s 97 Tips for Canadian Real Estate Investors, commercial loan programs can provide financing for up to 80% of the value for multi-family buildings...can anyone comment and give us some advice?

Thanks so much
Dom

Hi Dom

I strongly recommend Kam Brar.

Kam Brar , Mortgage Specialist
250-391-2933 Ext. 24 (ph)
1-877-391-2933 Toll Free

He was highly recommended to me from multiple investors/realtors in Victoria, and helped us get an awesome rate on a 5% down purchase.

His specialty seems to be getting capital for investors in particular.

-Chris

 

[invest4life]

QUOTE (charleedog @ Oct 25 2009, 05:29 PM) Hi Dom

I strongly recommend Kam Brar.

Kam Brar , Mortgage Specialist
250-391-2933 Ext. 24 (ph)
1-877-391-2933 Toll Free

He was highly recommended to me from multiple investors/realtors in Victoria, and helped us get an awesome rate on a 5% down purchase.

His specialty seems to be getting capital for investors in particular.

-Chris

 

[invest4life]

Hi Chris, your recommendation is greatly appreciated. I`ve checked out his website and have sent him an email.

Cheers
Dom