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Updated over 9 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Phillip Johnson
  • Ilchester, Somerset
3
Votes |
16
Posts

Plan of action?

Phillip Johnson
  • Ilchester, Somerset
Posted

Hi guys,

Soon I will be relocating to Canada, NB or NS with around $85,000. With that money I need to buy our family home as my wife isn't keen on 'house hacking' (looking at 10% down for this), which will leave me with $50,000 to invest, armed with a newcomer's credit score and an equifax credit history from the UK.

My goal, like most others, is to quit my job and get into this business full time.

Regardless of the amount of research I put in, there is no clear road map with accurate numbers to fit my situation (ie. Credit score/history)

If anyone has any suggestions to start off on the right track with a few year plan and know of any possible lenders in the NB & NS region (as I'm aware it'll be difficult to get a conventional loan after buying family home) it would be greatly appreciated. 

Many thanks in advance.

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