On May 28th, the Canadian Housing and Mortgage Corporation (CMHC) announced new mortgage loan underwriting guidelines for multi-unit (5+ units) residential properties. Here is an overview of what the new guidelines permit and restrict when refinancing with using a CMHC-insured mortgage: At the time of writing, we (Peak Multifamily Investments) have spoken to […]
Author: Mark Baltazar and Mike Rockall
10 Steps to Acquiring Multifamily Apartment Buildings
If you are thinking of investing in multifamily apartment buildings as an ACTIVE investor, here are the 10 steps that we go through to purchase assets that meet our financial and business objectives. As an active investor, you are leading the charge – from deal identification to closing to asset management. Think of yourself as […]
Plenty of Opportunities in Times of ‘Chaos’ For Strategic Investors
Ok, maybe ‘chaos’ is an over-exaggeration when describing the current real estate market in major centres across Canada. Although, it is a common description that I have heard many use. We saw housing prices soar seemingly without end. Then Kathleen Wynne announced the Fair Housing Plan for Ontario on April 20th, 2017. From that point […]
You Have More Money To Invest Than You Think!
I bet you have more money than you think. I have heard people say that they wish they could invest in real estate, but they just don’t have enough money to do so. If you own a house, you likely have more money available to invest than you actually think… What I’m referring to is […]
5 Steps To Get You Started in Real Estate Investing
There has been an increased interest in real estate investing in recent years. Some of the driving factors include stock markets underperforming expectations, a consistently growing real estate market, the popularity of real estate investing TV shows, just to name a few. If you are considering investing in the real estate market, here are a […]