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Updated about 4 years ago,

User Stats

8
Posts
2
Votes
Jeff Shea
  • Whitby, ON
2
Votes |
8
Posts

Advice for talking to lenders as new investor (Canada)

Jeff Shea
  • Whitby, ON
Posted

Hey lovely people, I would like some advice on how to talk to lenders as a new investor, without having a proven track record.

I’m in Canada, looking to invest in small multi-family properties and to use the “brrrr” strategy. My wife and I have good jobs with good incomes, with a bit of our own money to have “skin in the game”. What are the things that I would have to bring to the table to convince lenders to work with me?

Now, I figure it’s probably more about bringing in a good deal, but is there anything I can do pre-deal to get a relationship started and help them feel comfortable with me?

Thanks!

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