how to get loan for downpayment?

[Account Closed]

Hello, i'm about to purchase my second property in quebec, its a duplex, 130k. i won't be living in the property so i'll need to put 20% down, or 26k. i would rather not dip into my equities for this, does anyone know some creative ways to raise this small sum? what kind of interest rates can i expect to pay on this loan, given the current market conditions? thanks

[Philippe Laurin]

@Shiv Dutta: Correct, this means incorporated. For example, you create Company XYZ Inc. Once the company is created, you go a bank and ask for a company credit line. Because the company is new, they will ask for personal financial information, and if all is good then you have a credit line you can use.