Friday, 25 June 2010

Open Question: Rental Business - Financing - Mix-Use VS. Apartment Building Financing - is VRM Available for Both?

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Hi All, Question most Real Estate Investing in Canada: Can you intend uncertain welfare evaluate mortgage (VRM) for an housing antiquity feature 10-plex whether it is CMHC individual or not? aforementioned question regarding Mix-Use Commercial, feature a antiquity with 3 stores and 3 apartments? OR do banks exclusive substance immobile welfare evaluate for mix-use buildings? Also, is CMHC Insurance available for mix-use buildings, feature 3 stores and 3 apartments? THANKS. PS. a word question: do banks call both mix-use and housing buildings "commercial"? can be a taste unclear if they do not distinguish by study but do by conditions.
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