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Updated almost 3 years ago,

User Stats

6
Posts
3
Votes
Jason Rego
3
Votes |
6
Posts

mortgage when you already have few rental but no personal income

Jason Rego
Posted

I am in Southern Ontario, have few rental properties already and want to buy few more; my mortgage advisor said they are not able to finance any more; because my income does not support buying rental properties. No longer working so I do not have income for the last two years.

Do have large saving and some large personal credit line for down-payment for 20%-40%. Very good Credit.

What are some alternate option for getting a mortgage for buying rental property?

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