I have been researching various hard money lender’s in and out of my area for months now, and no lender will offer 100% financing to a beginner at a 4% interest rate!

Sect (f)(1) - This would require Landlords to keep rent at the current, lower rate for 90 days even if the current Tenant does not accept the increase and decides to move.

Why not just do a promissory note with a set interest rate for a set number of years.

Thanks for your insight.BenThere is no.market for this in Canada as far as I'm aware of, particularly since the default rate is so low (<0.5%).

If you can swing living in one of the units of your new multi it could help to lower the rate on your loan by about a point, which I highly recommend.The process is almost the same but your inspection is going to cost more and you'll have to take over the leases of the tenants already in place.

And right now some deals (less conservatively structured with high debt, floating rate loans, etc) are under distress and had to stop distributions.

Also make sure your asking rent price isn't right at the top of going rates.

Of course these two rentals have very good interest rates, but if we want to invest right now, we won't even break even.

If so, could you afford to buy your home today at the current interest rate and price?

So my questions are: What are the annual occupancy rates?