Multi-million dollar rehabilitation project on $24M property. They required secondary financing behind a 1st CMHC mortgage. Approved with 5 year term pricing lower than their 1st mortgage rate with an institutional lender.
Most people have a HELOC that may be causing them to lose opportunities, costing them time or money and are oblivious to it. So, you have a house with equity and you want to access that equity. The best thing…Read More