Gone for the day for Canadian RE investment

来源: sunpriest 于 2010-03-29 13:22:42 [] [旧帖] [给我悄悄话] 阅读数 : (336 bytes)

The mortgage is much tougher to get by known name banks as they changed income caculation method. Rental income are no longer count directly but must gone through tax return record, so all expense will be deducted from rental income makes cap rate much more difficult.
It is very hard to get mortgage for rental home now.

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