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Updated over 5 years ago,

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Justin Chang
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4
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Advice for a newbie !!

Justin Chang
Posted

Hi everyone!!

so excited to be here . I am new to bigger pockets and real estate investing.  I am from markham ,canada 

my current situation is I have a rental property with a cash flow of 300, current mortgage of 130,000 , condo value about 450,000 . My primary residence i have a second mortgage of 280,000, condo value now is 600,000. And unfortunately for me I have no fulltime job currently.  Just part time . 

my questions are how do I pull out equity from these condos ? Would any mortgage broker lend me money if I have no job to purchase a third property for rental . 

I have good credit score and down payment for a third property.  


What are question I needto ask ? Any advise or feedback is greatly appreciated . 

Justin

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