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Updated over 7 years ago on . Most recent reply

User Stats

83
Posts
22
Votes
Meghan Chomut
  • Investor
  • Thunder Bay, ON
22
Votes |
83
Posts

In the process of BRRR with my duplex and want to buy a 5-plex

Meghan Chomut
  • Investor
  • Thunder Bay, ON
Posted

I am in the process of BRRR my duplex. It's bought & renovated, but that's it.

HOWEVER, even with the new appraisal and refinance the equity wouldn't give me the downpayment I need for the 5-plex I want. I need some ideas? Or is it possible to get a loan based on the rental income / expenses? 

I'm in Ontario Canada if that helps.

  • Meghan Chomut
  • Loading replies...