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Updated over 4 years ago,

Brandon Ramsay's profile image
Brandon Ramsay's profile image
Brandon Ramsay
  • from Halifax NS
  • Member since Jul 9, 2019
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48
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24
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Brandon Ramsay's profile image
Brandon Ramsay's profile image
Brandon Ramsay
  • from Halifax NS
  • Member since Jul 9, 2019
Connect
Brandon Ramsay
  • Halifax NS
24
Votes |
48
Posts
Innovative Strategies

VTB (Vendor take back Mortgage)

Brandon Ramsay
  • Halifax NS
Posted

I am working on aquiring a duplex that is owned outright. Their asking price is high and it needs a fair bit of work over the next few years. Nothing major, windows, new flooring, heat pumps.

Someone suggested a VTB (Vendor Take Back Mortgage) but he said he never done one before. So I am just looking up information on them and was wondering on people's success or failure stories with this type of mortgage?

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