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Thanks for the encouragement! Can you tell me a little bit more about your experience?

You explained it all very well, thank you.

Thanks! Yeah I do have a MB, I meant I was talking to lenders through my MB sort of thing. Do you know anything about this percentage of income thing? My MB told me something like "Banks look at 80% of the income from the property", does that mean they only factor 80% of my rental income...

Hi guys I'm hoping to be purchasing an investment property (if everything goes well) but I'm having trouble understanding something. So I'm looking at lenders and finding out how much I could borrow for a potential property, for example. Now it's going to be an investment property, not my...