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Updated over 6 years ago on . Most recent reply

User Stats

47
Posts
3
Votes
Curtis Sharpe
  • Rental Property Investor
  • Montreal, QC
3
Votes |
47
Posts

Buying my first property under a corporation

Curtis Sharpe
  • Rental Property Investor
  • Montreal, QC
Posted
Hey everyone I am new to Canadian real estate investing and have been told to buy my first property using a corporation however I've also heard that some banks won't allow you to close or purchase an investment property with a new corporation without personally guaranteeing it, should I just buy a property in my own name and later create a holding corporation?

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