Using borrowed money as a down payment?
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