Dan Heon has been a mortgage broker since 2002, a real estate investor since the mid 1990s and is well-known in the Alberta real estate investment community. He became a mortgage broker when efforts to grow his own portfolio were challenged by conventional lenders.
His office at the Canadian Mortgage Team Alberta has carved out a valuable niche in the Canadian Mortgage Industry, with a specialty in working with people who are committed to their own success by adding real estate to their portfolio.
It’s fair to say that Dan is a mortgage broker that thinks like an investor, because he is one.
With 26 years of experience as an investor and 20 years of experience as a broker, Dan has seen it all, and in our finance focused conversation he shares with listeners his wealth of knowledge in the important areas of:
What new investors starting out need to know when it comes to qualifying for a mortgage on a rental property. Understanding what the banks are looking at The 2-2-2 rule. What investors can do to ensure they get the YES from lenders. How investors can keep growing – what investors need to do in order to get the banks to say yes to funding more mortgages. The limiting factors that cause investors to hit the financing wall. Why planning and strategizing your financing options is critical to grow a portfolio. The importance of having the RIGHT type of mortgage in place for the investment strategy you are executing. Why the lowest interest rate isn’t the be all, end all, of a good mortgage Dan’s point of view for investors who have hit the financing wall, or can’t qualify on their own to start their portfolio, and how they can attract people who CAN qualify for mortgages to their opportunities
Thank you to Dan for joining us on the show!
If you’d like to get in touch with Dan to see what you could qualify for, or to find out more about investor-focused financing options, you can connect with him via:
Business Phone: (403)-257-1801
Thank you for listening and we look forward to welcoming you to the RevNYou with Real Estate community!