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Updated almost 15 years ago, 12/25/2009
How to Buy a House Without a Mortgage?
I am Canadian, but working overseas to save money for a down payment on a house I would like to buy at home in Canada for myself to start a family.
I have four rental properties that would give me the cash flow to pay my monthly mortgage payments.
Only problem I just realized is that I have to be working in Canada probably for at least 2 years in order for the bank to approve me a mortgage. I don't want to have work when I go back to Canada, and I don't want to have to buy a $250,000+ house in cash either. Help! What can I do? Thank you in advance for your help and advice.