I served in the Air Force, deployed to the Gulf region several times.

I remember using a mortgage payment calculator when we purchased a property in Toronto.

Of course we would all like national chains for center mix because it helps lower cap rate on resale and they might pay more per sq ft then existing mom and pop to regionals.

You'll probably have a slightly higher rate, but you'll maximize the cash-out and have your private lenders interest paid off.In the meantime, go to every local/regional bank/credit union and see what they can offer.

It’s a win for the entire region and should help bolster some of the outlying areas as well.

Just heard about BP from a buddy and soaking up as much information as I can.I’m currently looking into Duplexes, Triplexes, and Fourplexes in the Niagara to Hamilton region in Ontario.This will be my first home and I’m looking to purchase it as a rental property.I’d like to be able to take advantage of the cheaper down payment by occupying a unit.

@Sherman Dunn, I would concentrate on local/regional banks/credit unions.

It is the largest commercial piece of property available in this region.

Niagara isn't like Toronto, Prices are going up but they are still in the 200K range for Duplexes.If you are looking for something like that I can help you find them.ThanksWayne

Then locate some commercial lenders, recommend some local and regional banks and tell them whats going on and what your plan is.