If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.

Let’s do some simple math…If you buy a $300k house, charge $1,900 in rent, and have a 35% expense ratio, you’re at a 4.94% cap.

Even in Central PA, the two percent rule is not a thing now.

I would be happy to jump on a call and share my resources/techniques I have used in the past to get you started :) Send me a message! 

Hello, I am new to this space but was looking for some advice on obtaining a HELOC on a home that I am currently renting out. 

Looks like a great deal Nate, congrats!

In this particular case, I have a property I'd like to get a HELOC on to then buy another property.

Let's say you have a house and a car. 

Creative financing has been a cornerstone of my real estate investing strategy for years, and I can confidently say it’s one of the most effective ways to build wealth and scale a portfolio, especially in today’s market.

I attended one of their events, and it truly seems like a great solution with very few drawbacks......eventually.