Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

27
Posts
2
Votes
Chad Friesen
  • Investor
  • Grande Prairie, Alberta
2
Votes |
27
Posts

Meeting with broker

Chad Friesen
  • Investor
  • Grande Prairie, Alberta
Posted

I have an appointment with our mortgage broker this Wednesday.  We have used her before for both our houses . I made the appointment and asked to go over strategies to buy more properties without backing myself into a corner.  

I want to work on questions I should  be asking her to make sure the appointment is not a waste of her time and mine.  

Any tips or suggestion on things I should ask would be awesome.  Also I am in Alberta Canada so anyone with Canadian experience I would love to here from.  

Most Popular Reply

User Stats

147
Posts
91
Votes
Sarah Larbi
  • Rental Property Investor
  • Oakville/ Brantford, Ontario
91
Votes |
147
Posts
Sarah Larbi
  • Rental Property Investor
  • Oakville/ Brantford, Ontario
Replied

I suggest asking her about what she plans to do to ensure you don't hit a financing wall and based on that what lender sequence does she have in mind for you. Example first 4 A lenders big 5 banks, then which lenders and what will be the conditions.
I would suggest you tell her you goals (income and timeline) and have her give you a blueprint of which lenders you will use when and what they will be looking for. Based on your income goals she should be able to tell you how many units that rent at X amount you need to accomplish this over your timeline.
Dalia Barsoum is my broker she also wrote a good book on this topic.

Loading replies...