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Conor Kelly
  • Real Estate Agent
  • Abbotsford, BC
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78
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Using borrowed money as a down payment?

Conor Kelly
  • Real Estate Agent
  • Abbotsford, BC
Posted Mar 17 2020, 19:12

Hi guys,

I was hoping someone might be able to answer this for me. I live in Vancouver BC, currently investing in Windsor, Ontario. I bought my first rental property there last year and its doing very well. Now, of course, I'm itching to try and pickup another one. I'm curious to know if i can, or how i can use borrowed money for my down payment. I already have most of the down payment but there's still probably 10-12k that I have to come up with. I'm wondering if anyone has a solid way around this? 

Let me know if you guys have any ideas!

Thanks BP

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