AboutAlex Rodriguez Expertise I would be glad to answer questions you may have about real estate in Ottawa, ON. How to choose a REALTOR? How to price your home? What marketing strategies work? Should I have an Open House? Should I sell my home privately? Should I buy in Gatineau? Should I move to the Suburbs? What is dual agency?
Experience Residential Properties both Freehold and Condos
Organizations Keller Williams Ottawa Realty
Education/Credentials Ask me!
Awards and Honors Keller Williams Ottawa Realty has been named to Canadian Business magazine's 2007 list of the "Best Workplaces in Canada" list, ranking # 15 in Canada and the only real estate office in the country to make the list.
Expert: Alex Rodriguez Date: 7/12/2007 Subject: Buying Property
Question Hey,
I am looking to invest in property in canada for both rental and to fix up and sell. I am constantly told I have to have 35% of the loan as a deposit, I don't have 35% I have about 5-10% available for the use, How can I get a loan to aid me in what I want to do in my circumstances?
Answer Hi Anna,
Sorry for the delay. I have had technical problems accessing this site.
To answer your question, I would suggest to contact a "mortgage broker". You can find one by opening up your yellow pages. The mortgage broker will be able to offer you various options along with their criteria. They will also be able to offer you other resources such as private lenders and non-conventional lenders (other than banks)
Hope this helps and good luck!
