REVscene Automotive Forum - View Single Post - Owning a second home.. how difficult is it?

aznrsx1979 · 09-02-2009, 01:38 PM

If you're looking to get a 2nd home as investment, they'll take an approximate figure based on size and location of the property for the rent you can get and then use only a certain percentage of it to calculate the mortgage you'll qualify for.

09-02-2009, 01:38 PM	#3
aznrsx1979 WOAH! i think Vtec just kicked in! Join Date: Sep 2003 Location: Yaletown Posts: 1,603 Thanked 26 Times in 25 Posts Failed 24 Times in 2 Posts	If you're looking to get a 2nd home as investment, they'll take an approximate figure based on size and location of the property for the rent you can get and then use only a certain percentage of it to calculate the mortgage you'll qualify for.