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overall it looks like a great layout and efficient use of space... the slanted bedroom might be a bit awkward for furnitures...

No problem! Glad I can help! Keep in mind this is only the short term solution.... if this is for long term, OPEN term & Home Equity LOC will cost a lot of $$!

Good point! If you get a second mortgage on your property#1 it might require you to re-register your property to a higher value... if that's the case, it will be very costly...

Option 1: Open Mortgage Option 2: Home Equity Line of Credit both of these would offer flexibility and no penalty if you plan to sell right away... NEVER go for CLOSED mortgage

there's also the MLS apps

I wouldn't risk a major purchase like this just to save $$ on lawyer fees...

I thought you don't even need an agent for pre-con purchase? Closing is mostly handled by lawyers...

When you compare a mortgage vs. bridge loan, typically bridge loan is unsecured - you pay higher interest / mortgage is secured by property - you pay lower interest Could you clarify your situation further? ie: Do you currently have a mortgage for property #1 and #2?