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Buying a home will be one of the biggest purchases you will make in your life. It can also be a confusing process for first-timers. That’s why, today I will share 5 things first-time home buyers should do before buying their first home. 1) Check your credit score The better your credit score, the easier it will be for you to be approved for a mortgage. Most A Lenders, such as the big banks, require a minimum credit score of 680. I usually suggest this as the first step in t

Have you ever wondered why some people purchase real estate inside a holding company? Would this setup work for you? If you belong to one of the following groups, you'll be able to take advantage of using a holdco to purchase investment properties: 1. You are hitting capacity qualifying for mortgages under your personal name - use this setup to increase borrowing power 2. You are a business owner and have an incorporated business, with excess funds to invest - use this setup

❌You need income in the holding company to qualify for a mortgage - You actually qualify using your personal income - just like a regular mortgage. This is why you can get a mortgage for a brand new holding company. ❌Mortgage rates are much higher for a mortgage in a holding company - This is not true at all. In some cases, the rate could be the same as a regular mortgage! ❌It is more difficult to obtain a mortgage in a holding company - While it is true that not all lenders