Investment property financing

[Vincent Muller]

Hi all, I have an investment property with 2 units. All expenses are covered by the rent and I have a good cash flow. I have equity, but according to my mortgage broker, because of the remaining mortgage balance, I can only qualify for a 150K or 200K property.

When I bought, I thought that the monthly rent would allow me to qualify for a bigger mortgage but apparently it doesn't work that way anymore. 

Any idea or suggestion on what I can do to finance other rental properties in Ontario.

Thanks