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Updated over 3 years ago on . Most recent reply
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First : Investment property & then property for self - canada
Hi there,
I am exploring the possibility that is it possible to buy an investment property with 20% down and then after sometime buy a house for own-self to stay in with 5% down.
I am in Ontario, Canada.
Thanks
Most Popular Reply
@Chirag Rathod A primary residence is eligible for an insured mortgage i.e. homebuyers make a down payment of less than 20% of the purchase price. Your DTI ratios will have to work to qualify for this.