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AJ Dhillon
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Financing without a 9 to 5 Job

AJ Dhillon
Posted

Are there any ways to secure financing on investment properties without a typical 9 to 5 job?

I see people with hardly any income, securing 3 properties in a span of months and was wondering how they are doing it.

Down payments are no problem for me, but qualifying for mortgages is an issue.

I understand people may use VTB's etc... but are there other ways of creative financing in the ontario market?

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Doug P.
  • Investor
  • Kitchener-Waterloo, Ontario
1,059
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Doug P.
  • Investor
  • Kitchener-Waterloo, Ontario
Replied

@AJ Dhillon In addition to what's already been mentioned. You can take over the seller's payments, giving you until the mortgage comes up for renewal to qualify, bring on a partner, or resell.

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