Tuesday, October 21, 2014
Financing investment properties - only 10% down with no FEES
I thought I would share with you that clients have the ability to buy an investment property with 10% down with no mortgage insurer fees (CMHC/Genworth).
This is fantastic for those who are looking to buy an investment property with 20% down as now they can buy two investment properties with 10% down on each.
This is also great news for those who have challenges in saving up the 20% or more that lenders typically require and is available on multi-unit rentals too!