Many real estate investors work with our team to set up a proper corporation structure so that they can invest to achieve their long-term goals.
If you have been in the real estate industry for a while, you would have probably heard that getting mortgages in a corporation is extremely difficult.
Rumors on the street are:
- Banks don’t like corporation when it comes down to real estate investing
- Banks don’t work with corporation on residential mortgages
- Banks charge higher interest rate when you qualify to buy investment properties in corporation
- Banks works with corporations if you have a small business in the corporation
So…when our Stock Hacker Academy student Andre Matos shared how he got himself financing in his holding company with an A-lender, I couldn’t help but invite him to be our guest on our YouTube Channel, and grilled him over his secrets 🧐🧐😂😂.
Andre is a Home Financing Advisor at Scotiabank. His wife is a physician that operates her practice out of her medical professional corporation. They have acquired multiple properties using a holding company structure.
Let’s hear directly from what Andre has to say…
Until next time, happy Canadian Real Estate Investing!
Cherry Chan, CPA, CA
Your real estate accountant