Lending in Ontario for a youngster

[Cole Black]

Good evening BP community, hope all is well. I have spent the past few months learning about real estate investing, I have listened to many podcasts and read quite a few books on buy and hold investing. I feel as tho my education is at the point where I have what is needed to start and I need to get my hands wet, My issue is I'm 19 have a horrible paying job and little money for a down payment. It will take my year's salary to save up 20 % down on any of today's properties. I do have good credit and a high income from my business however the business in new and has only been making solid returns for four months. I am wanting to get into my first deal for Brandon's 90-day challenge. I was wondering what you would sugest for lending? Is there such thing as FHA loans for canadians? Can I get a loan with a lower down payment in Ontario with mortgage insurance? My accountant talked to me a few weeks ago about getting financing for the down payment and another one for the complete mortgage to get infinite ROI. Is this something that anyone has tried? Would you recommend it if the deal cash flows? I just want to be prepared for when I get a killer deal I can jump on it quickly and get into the game.