Monday, September 20, 2010
Canadian Mortgage Investor Mortgages
I went to a great seminar on the weekend regarding Canadian and us real estate investing. There is still some great programs available for the real es ate investor in Canada. If you have 20% of the purchase price available for down payment, there is 90% rental offset available by some lenders. IE payment is $1000 rent is $1100, $990 can be netted off the payment for qualification purposes. This is just one of the many products available. Yes there still is 100% financing if you have equity in your home. Go to www.dreyergroup.ca for more information.