Did you know there's a myth circulating out in the real estate investing world in Canada?
For a brief moment in my life, I thought I hit a dreaded financing wall, it felt like my real estate investing journey was over.
But did you know that there are many options? Did you know that if you were strategic with your real estate investing journey in Canada, you can buy unlimited rental properties in Canada?
I share my thoughts and five powerful strategies on how to finance unlimited multiple rental properties in the most efficient manner for real estate investors in Canada.
I share whose it is for, what strategies are best for real estate investments, and much more! Timestamps are provided below:)
LEARN THE 5 POWERFUL STRATEGIES
1st Strategy: Traditional Bank Financing
20 - 25% down payment required
Hardest to qualify for, requires
Good Credit Score
Lots of Patience
Offer the best interest rates
2nd Strategy: High Ratio Financing
Moving into the property and make it your principal place of residence before converting it into a rental property
This method requires additional insurance but allows for a lower down payment of as little as 5%
Great for brand new investors but requires moving every few years
Can still qualify for amazing interest rates
3rd Strategy: Equity Financing
Need a lot of equity available to do this
PLEASE avoid if you have a spending problem
Get a free consultation with Streetwise Mortgages on how to buy multiple rentals
4th Strategy: Private Money Lending
Not using traditional bank financing
Interest Rates are higher
5th Strategy: Joint Venture Deals
One party provides the cash downpayment while the other does all the work (finding rental properties, do renovations, paperwork etc.)
For those who need quick financing/those who don't qualify for traditional bank financing/short on cash downpayment
Most expensive option
00:00 - Intro
01:29 - 1st Strategy to Buy Multiple Rentals
03:06 - 2nd Strategy to Buy Multiple Rentals
05:38 - 3rd Strategy to Buy Multiple Rentals
08:23 - 4th Strategy to Buy Multiple Rentals
10:21 - 5th Strategy to Buy Multiple Rentals
BONUS - REAL ESTATE INVESTING GUIDE - STEP BY STEP CHECKLIST:
If building wealth and cashflow is your thing, I share a step by step guide on how to buy your first or next rental property and a toolkit for free. Check out it out below.
😍🔥 Get your Real Estate Investing Toolkit now: https://bit.ly/3GvPjhu
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