New 90% Mortgage For Owner-Occupied Multiplexes
The Canadian Real Estate Investor · Daniel Foch & Nick Hill
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Show Notes
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
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Canada's new refinancing rules allow up to 90% LTV for adding secondary suites.
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Impact on Homeownership: Changes enable creative financing for "house hackers" to add units and leverage equity.
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Concerns and Criticisms: Discusses risks of mortgage fraud, capital gains tax, and effects on property values and debt.
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