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Updated almost 9 years ago on . Most recent reply

Jack Young's profile image
Jack Young's profile image
Jack Young
  • Investor
  • from Prince George, British Columbia
  • Member since May 4, 2016
Connect

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62
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12
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Jack Young's profile image
Jack Young's profile image
Jack Young
  • Investor
  • from Prince George, British Columbia
  • Member since May 4, 2016
Connect
Jack Young
  • Investor
  • Prince George, British Columbia
12
Votes |
62
Posts
Canadian Real Estate

Financing

Jack Young
  • Investor
  • Prince George, British Columbia
Posted

I have been told by my banker I will need to have $100,000 in non registered assets before I can be financed for a third rental property, LoC may be accepted and I don't think the top 20% will be either. I'm curious to know if this is a norm or just what my bank wants. Any professionals in this field perhaps or related experience would be great.

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