OolloO
New Member
Most banks are reluctant to look at financing a 5th property. I'm not sure why 4 seems to be the limit, possibly because banks view rental properties as risky. It seems like 10 years ago, there was no problem financing multiple rentals.
Any investors or mortgage brokers out there that know how to get around this hurdle? Without having to pay an insane rate (ideally < 3% fixed/variable) or put a downpayment greater than 25%-30%?
Any investors or mortgage brokers out there that know how to get around this hurdle? Without having to pay an insane rate (ideally < 3% fixed/variable) or put a downpayment greater than 25%-30%?