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Updated over 7 years ago,
First investment property question
Hey BP. I'm currently saving for a down payment on my first investment property.
Currently I am seeking a duplex/triplex in the Port Hope/Northumberland area. There seems to only be older properties within my price range. Is it difficult to landlord a property more than 100km away?
Also, what do traditional mortgage lenders look for when determining a pre-approval especially for a first-time home buyer.