I find that regardless of the bank you go to, they often follow the same type of rules and can be stricter; however, some might favour you here or there based on the relationship you would have created with them.- My advice; however, is to work with a good mortgage broker as they often have access to more lenders (B or C lenders) that might be more flexible than the 5 big banks.- Finally where to buy: in general, ON, BC are expensive while AB, QC follows and other provinces, such NB, NS, PEI are much much more affordable.

Its a 3 bedroom home, brand new build and just shy of 1500 sq ft.

But that extra $7200/year will go a long way in paying down your loan faster, build up another downpayment fund, pay off other debt, etc. 

Hello,I am a real estate investor located to Southeast MA, I own and manage a small portfolio of 23 units and am looking to expand and scale out of state as the returns and market have been quite difficult in my area: due to CAP Rates, specific building class I am looking to invest in, and rising interest rates/minimal inventory, as well as it would be nicer to be diversified and in a more landlord friendly state.  

If you have a building background, I would work with an architect and build some unique places that are stick built to hold the equity value better.

Do the math at a 6% loan rate.There's a reason many apartment buildings have been converted to condos and sold.

Hi everyone,I’m exploring a unique development opportunity involving my property and neighboring parcels, and I’d love some advice on how to move forward.My neighbor is currently in the process of building 54 townhomes on the property directly in front of mine.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

“L&I has to often prioritize, and the things that get prioritized are things like fire safety issues, hazardous buildings,” she said.

Ironically, these are often the best opportunities to build equity and find great deals.