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Updated almost 5 years ago,

User Stats

43
Posts
13
Votes
Greg Gangle
  • Rental Property Investor
  • London, ON
13
Votes |
43
Posts

How to purchase your next property?

Greg Gangle
  • Rental Property Investor
  • London, ON
Posted

Hello everyone

I currently own 4 rental properties and I'm at a bit of a stand still. I've used my LOC and need the traditional 20% down to purchase in Ontario Canada. I'm curious about alternative/creative strategies to purchase my next property. The first thing that comes to mind is a brrrr. However I'm wondering if I should refinance a property or two to get lower the LOC. I've purchased 4 all in 2019.

Any insight to progressing to the next step would be great. Thanks.

Greg

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