New 90% Mortgage For Owner-Occupied Multiplexes

The Canadian Real Estate Investor

11-10-2024 • 51 mins

There are been some very big announcements recently in the mortgage space for adding units, we go through them and tell you everything you need to know....so far

  • Canada's new refinancing rules allow up to 90% LTV for adding secondary suites.

  • Impact on Homeownership: Changes enable creative financing for "house hackers" to add units and leverage equity.

  • Concerns and Criticisms: Discusses risks of mortgage fraud, capital gains tax, and effects on property values and debt.

Sign Up For The Next Webinar Realist

Join the best community in Canadian Real Estate realist.ca

Attend a Meetups Meetups

Nick

Instagram.com/mybuddynick

tiktok.com/@mybuddynick

twitter.com/mybuddynick89

Dan

twitter.com/daniel_foch

instagram.com/danielfoch

tiktok.com/@danielfoch

See omnystudio.com/listener for privacy information.

You Might Like

The Ramsey Show
The Ramsey Show
Ramsey Network
The Canadian Investor
The Canadian Investor
Braden Dennis & Simon Belanger
Think Fast Talk Smart: Communication Techniques
Think Fast Talk Smart: Communication Techniques
Matt Abrahams, Think Fast Talk Smart
Marketplace
Marketplace
Marketplace
CREATIVO
CREATIVO
Roberto Mtz
Motley Fool Money
Motley Fool Money
The Motley Fool
TLDR
TLDR
Devin Friedman, Sarah Rieger, Matthew Karasz
The Prof G Pod with Scott Galloway
The Prof G Pod with Scott Galloway
Vox Media Podcast Network
PBD Podcast
PBD Podcast
PBD Podcast
The Economics of Everyday Things
The Economics of Everyday Things
Freakonomics Network & Zachary Crockett