Rentals: 700k 1 Bedroom Condo vs $1.2 Million Dollar Four Plex

At the moment I'm putting together a 45 minute long webinar discussing how to qualify for millions worth of residential and commercial mortgages. 

One of the case examples I explored was a Vancouver Condo vs a Fraser Valley fourplex.

It turned out that 1 bedroom condo would eat up income requirements by a factor of 3.18 vs a fourplex.

What does this mean.

If you borrowed $1 million in condo financing, 3.18 million could of been borrowed if you were buying a fourplex.  This is an income qualification equation and not down payment.  You would still need 25% down for both scenarios. 

Want early access to my webinar, message back and I'll put you on the list.