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Updated over 3 years ago on . Most recent reply

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How do I obtain the second rental property in Ontario Canada Brrr

Posted

Hello Bigger Pocket users, 

Thanks for taking the time to engage in my post!

Last year I purchased my first property, a semi-detached duplex in North Toronto. I personally renovated the property and began renting it out. It has a positive cash flow and now I'm looking to repeat the process.

I currently contacted A and B level lenders and with no prevail I did not qualify to refinance my current mortgage. The biggest issue that I'm finding for getting approved is my employment history as I recently started a company within the Real estate investing and property management industry.  What are alternative options I can take so I can successfully use the Brrr process? 

Thank you,

Luca Battiston

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