Financing from a broker who invests too
Mitch is a real estate investor himself. He understands rental income, cash flow and how each mortgage affects the next one. Whether it's your first rental or your fifth, the structure matters.
What happens next.
Hover a step. Every file is different, but this is the path.
Analyse the deal
We look at price, rents, expenses and your existing properties to see how the purchase affects your borrowing power.
Match the lender
Lenders count rental income differently. Mitch picks lenders whose rules fit your portfolio, now and for the next one.
Approve and close
We gather leases, rent rolls and appraisals, clear the conditions and get you to closing.
Plan the next move
We track your terms and equity so you know when a refinance or the next purchase makes sense.
Is this you?
- First-time investors buying a rental
- Homeowners buying a duplex to live in one unit
- Investors growing a portfolio
- BRRRR investors who need the refinance step to work
- Self-employed investors with complex income
How we can structure it.
Owner-occupied 2 to 4 units
Live in one unit and rent the rest. Insured with as little as 5% down on two units and 10% on three or four.
Non-owner-occupied rental
A property you rent out entirely. Usually 20% down or more, with rental income counted toward qualifying.
Portfolio lenders
Some lenders specialise in investors with several properties and look at the whole portfolio.
Refinance for the next deal
Pull equity from an existing property, up to 80% of value, to fund your next down payment.
HELOC as a deal fund
A line of credit on a property you already own, ready when the right deal comes along.
Mortgage payment calculator
See your payment at any price, down payment and amortization, with default insurance and land transfer tax built in.
- Mortgage amount
- Default insurance (added)
- Total interest over amortization
- Ontario land transfer tax
Estimate only, using Canadian semi-annual compounding. Example rates are for math, not an offer. Your actual rate and APR depend on your approval.
What you'll need
- Government-issued photo ID
- Income documents: pay stubs and job letter, or two years of NOAs
- Mortgage statements for every property you own
- Leases or a rent roll for existing rentals
- Property tax bills for every property
- Down payment statements
- Agreement of purchase and sale for the new property
Don't have it all yet? Start anyway. We'll tell you exactly what's missing.
Worth knowing first
- Every lender treats rental income differently. The wrong lender on your first rental can limit your second and third.
- Budget for vacancies, repairs and higher insurance. Lenders and appraisers may use lower rents than you expect.
- Interest-only and private financing can help a deal close but cost more. Have a clear exit.
Good questions.
How much do I need down on a rental?
Usually 20% or more for a property you won't live in. If you'll live in one unit of a two to four-unit property, insured options start lower.
Does rental income count toward qualifying?
Yes. Lenders either add part of the rent to your income or offset it against the property's costs. The method changes how much you can borrow.
Can I use my home equity to buy a rental?
Often, yes. A refinance or HELOC on your home can fund the down payment, as long as you qualify for both payments.
How many properties can I finance?
There's no fixed limit, but each lender has its own rules. Planning the order of your mortgages matters as you grow.
See your options in 60 seconds.
No credit check. No obligation. Then book a free call with Mitch.
You might also need
Buying a Home
Get pre-approved, know your real budget, and shop with a rate hold in your pocket.
First-Time Buyers
Five percent down, first-time buyer programs, and a broker who explains every step.
Cottage Mortgages
Lake, island or ski hill. Lenders who know wells, septic and seasonal roads.
Refinance
Tap your equity, restructure your mortgage, or lower your monthly payment.