We couldn’t afford a House so we bought a Duplex

plexDIY
3 min readOct 3, 2020

Have you ever told yourself that you wanted to buy a house or a condo, but didn’t have enough money to do so ? Did you know that the mortgage rules when you invest in buying a rental property changes because of its capacity to generate cashflow ?

In this article, you will learn how banks and mortgage lenders will analyze your financial situation when you buy a rental property and the differences with a regular mortgage application.

If you are a first time homebuyer it will help you understand how to get your mortgage

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plexDIY
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Hello ! I’m not your typical accountant… but I like boring stuff like Excel, Budget & Cashflows, Tax planning, Market analysis and all that good stuff !