Asked by Checking
Hi!
I'm looking to sell my 3 bedder FH unit at D17. Once sold, I'd like to look out for another LH in the east (+/-900k) and further purchase another FH private condo in the east(if prices come down). My question is assuming combine annual income of 250K, can I obtain 2 loans? (assuming 2 properties totalling 2 million). And is this a wise move?
I'm looking to sell my 3 bedder FH unit at D17. Once sold, I'd like to look out for another LH in the east (+/-900k) and further purchase another FH private condo in the east(if prices come down). My question is assuming combine annual income of 250K, can I obtain 2 loans? (assuming 2 properties totalling 2 million). And is this a wise move?
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