Due-on-Sale Clause: Most mortgages have this clause, which could let the lender call the loan due if you transfer the property.

I own a mortgage company and 99% of our borrowers do close their rental properties under their LLC.

This strategy balances tax efficiency with proper estate planning.

The cashflow should cove ALL of the expenses for the primary (mortgage, taxes, insurance, utilities, etc) AND put money in their pocket.

You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.

Keeping your current townhouse rented enables tenants to continue paying down the mortgage while you scale.2.

Conventional owner-occupied mortgage rates are above 7% today (source: Mortgage News Daily - Mortgage And Real Estate News).

Owner carry financing, hard money for renovations, then refinanced into a long-term mortgage.

I'd look for mortgage brokers in Canada. 

When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.