August 04, 2023

Unlocking New Financing Opportunities for Canadian Investors

1 hour 1 minute

The Canadian real estate market has long been recognized as a lucrative investment avenue, attracting diverse investors seeking to capitalize on its potential. However, navigating the complexities of real estate investment can be challenging, especially when securing the necessary financing for property acquisition and development.

In this week’s episode, we will delve into the insights shared by Matt Pickering, a renowned mortgage and real estate investment expert, on how National Bank’s financing solutions can benefit Canadian real estate investors.

In this episode, you will learn about:

Why the National Bank is a preferred choice for Canadian real estate investors

Knowledge of how a flexible approach towards investors and more significant portfolio financing can accelerate your investments

The art of securing competitive rates and a variety of options through hands-on collaboration

Unique possibilities, like accommodating co-borrowers not on the title and welcoming donated sums for down payments.

Mortgage finance options for additional dwelling concepts like garden suites and refurbishment projects

Matt is an accomplished economics graduate from the University of Guelph and a Mortgage Specialist at National Bank. Boasting a solid background in the banking industry, particularly in mortgages, his experience has demonstrated his exceptional capabilities. Before joining National Bank, he honed his skills and acquired essential knowledge during his ten-year banking sector tenure

His extensive involvement in the field equips him with a deep understanding of diverse income levels and applications, rendering him an invaluable asset to investors seeking stability in an unpredictable market. Additionally, his involvement as a real estate investor enables him to connect with his clients and give them a comprehensive perspective.

Key Moments in this Episode:

00:00:00 – Introduction,

00:00:28 – Matt’s Background and Role,

00:01:58 – Real Estate Investors vs Regular Homeowners,

00:05:18 – Working with the Bank Directly vs Mortgage Broker,

00:08:09 – National Bank’s Financing Options for Real Estate Investors,

00:11:30 – Exploring Multiple Property Ownership,

00:12:07 – Self-Employed Individuals and Mortgage Qualification,

00:13:05 – Planning Ahead for Mortgage Qualification,

00:15:19 – Benefits of Working with National Bank,

00:19:59 – Renovation Programs and the BRRR Strategy,

00:23:02 – Financing Renovations,

00:24:09 – Financing Unlivable Properties,

00:25:43 – Favorable Financing Terms,

00:26:02 – Qualifying for the Program,

00:30:52 – Budgeting for Renovations,

00:34:21 – Market Rent Appraisal for Rental Properties,

00:35:52 – Treatment of Recreational Properties,

00:37:36 – Potential for Tiny Homes as Additional Dwelling Units,

00:38:47 – Limitations on Number of Units for Financing,

00:46:07 – Importance of Building Flexibility into Mortgages,

00:47:31 – Strategies for Paying Off Mortgages,

00:48:55 – Considerations for Cash Flow and Rates,

00:49:57 – Impact of Primary Mortgage on Rental Applications,

00:53:19 – Starting Over After Losing Everything,

This episode has been brought to you in part by:

Dalia Barsoum, Streetwise Mortgages – https://streetwisemortgages.com

Mid Term Rentals – https://midtermrentalproperties.com

Wyse Construction – https://www.wyseconstruction.ca

US Properties – https://www.usproperties.ca

Andrew Choubeta – https://caveatlegalservices.cliogrow.com/book

Inspire Beach Resort – https://inspirebeachresort.com

Jamil Rahemtula – https://jamilrahemtula.com

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email [email protected]

Join Sarah’s coaching and mentoring program, The REI Academy https://sarahlarbi.com/reiacademy/

The post Unlocking New Financing Opportunities for Canadian Investors first appeared on Sarah Larbi Developments.

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By Sarah Larbi

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