Thanks for the heads up, I’ll call the mortgage companies.  

If you’re making a return higher than a bank CD you can support a mortgage.

Credit unions, banks, mortgage companies and private lenders.They all had the same answer.

It’s not just the cash received at closing, you have to consider the mortgaged portion of the relinquished property. 

A mortgage lien being the most common one.

Quote from @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work. 

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?

Does the bank let you get 2.5 months late on your mortgage payments?

Every month, property 2 has been paying most of the mortgage on that Property 1 home equity loan.

If you’re just starting or want to minimize risk, house hacking is a killer move—grab a duplex, live in one unit, rent the other, and let it pay down your mortgage while you scale up.