Client Comments
Thank you so very much for putting so much effort and time for helping us.



We were so happy that you were able to provide us with construction financing. The draw amounts work fine with our builder and we plan to refer anyone building a house. Thanks again.



Hi Joe

Just wanted to pass on our thanks again for all your help with securing our mortgage.

In hindsight, we would have to say that the entire process of buying for the first time went really well and we managed to avoid a lot of the headache and inconvenience that others seem to come across.

Certainly in regard to arranging our mortgage, things could not have been easier for us and we have you to thank for that.

Your patience and attention to detail was greatly appreciated.

All the best,

. Aghazzarian & L. Marino


Truly Professional

Joe helped us out with our financing and all the questions we asked. The rates and service was excellent and he even came to our house to sign all the papers.

We have recommend him to our co-workers, friends and family.


Mortgage Needed In a Hurry!

We needed to arrange something quickly and Joe Walsh was able to provide us with a commitment on the same day;

I would definitely recommend Joe.

A Satisfied Customer!


We supplied Joe Walsh with all of the pertinent information and we were able to sit back and relax while Joe took care of everything.

He examined all of the possibilities and came up with one that best suited our needs.

Joe took all of the shopping and confusion out of the experience and made it simple for us.

We have used Joe several times in the past and will continue to do so in the future.

He is knowledgeable, professional, there to service quickly & promptly without the stress that normally comes along with this sort of decision

Rental Property Mortgage

“Get The Most Out of Your Rental Property Deals and Investments Through The Best Available Mortgage Financing Options”

Rental property mortgage options are available for speculative buyers as well as buy and hold real estate investors.

In Ontario, there can be several institutional and private mortgage options to consider for financing of a rental property purchase.

There are also the more creative financing approaches that are taught in the “no money down” type real estate investing courses, but those are beyond the scope of this discussion.

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Institutional mortgages for rental properties focus mostly on the property appraisal, down payment of the buyer, the presence of renters (if you have more than one rental unit, are they both occupied at the time of purchase), the credit rating of the borrower and the borrower’s personal net worth.

For a private lender, the focus is almost exclusively on the valuation of the property.

For properties in stronger markets with very good rent rolls, the loan to value you can secure may be higher.

In situations where there may need to be improvements made, a private second mortgage can also be secured for construction financing if there is enough equity remaining in the property to secure the private lender.

Private mortgages can be very useful sources of bridge financing for a rental property mortgage in the following two ways.

First, the private can act as a bridge loan to achieve a fast closing. For properties where the borrower is putting down 25% to 50%, the closing can take place in a matter of days. This allows buyers to be more aggressive on deals as they know financing will be there and close on time. Once this private mortgage bridge loan is in place, the buyer will have time to locate optimal longer term financing if its their intention to retain the property into the future.

For buyers who what to purchase and flip with or without some improvements, a private bridge loan will again allow for a quicker closing and potentially higher leverage for the short period of time the funds will be required.

A private rental property mortgage is going to be more costly than an institutional mortgage on the same property, but the speed of closing and short term interest only repayment requirements may pay for themselves in getting deals closed without putting stress on the cash flow.

If you’re actively involved in buying and selling rental properties, then I recommend that you give me a call any time you have an opportunity that is going to require rental property mortgage financing and I will quickly outline your options and work with you to get the deal closed.

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