The seller can often sell a property that can not otherwise be sold, financed, or sold for enough to pay off existing mortgage or obtain a higher price by selling Sub To, or Sub To wrap/owner finance.  

I wanted to share the numbers and want to make sense if it's a good deal for us according to what we are looking for.Price: $450k (agent said that we can get it down to $420k)2 Units (1 bedroom in each unit)Mortgage with 3 year fixed comes up to around $2.3kInsurance and tax is roughly $400Rent per unit is $1.4k so if we move out then total rent comes up to $2.8kThere's a detached ADU (garage) that can give us another $100-$150 if we rent it for storage and there's a scope of converting it into another unit later on.So currently rough calculation says that it can cashflow up to $300 per month.

Will rent out the unit we’re leaving which covers about 65% of our new mortgage, if we pocketed it but that stays in the rental fund. 

It allows you to live in a home that meets your needs while offsetting mortgage expenses.

Okay, let's say Joe hates Bob, Joe knows Bob has mortgage problems.

Traditional mortgage from a big bank, 10% down payment What was the outcome?

Mortgage balances go down and eventually get paid off. 

The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.

I am a Canadian looking for Loan Officer and Mortgage Brokers who specialize in helping Canadians and DSCR Loans.Looking to see-1) What's the minimum down payment required?

Do you believe mortgage rate will start to decrease?