Financing Your ADU Renovations: Expert Insights and Solutions

by | May 18, 2024 | Podcast, Real Estate, Real Estate Investing | 0 comments

Are you curious about the opportunities with additional dwelling units (ADUs) and how to fund your renovations?

Join us as Matt Pickering discusses the ins and outs of utilizing National Bank for your real estate investment projects. From financing options to qualification criteria, this episode is packed with valuable knowledge for experienced investors and newcomers.

Tune in to discover how you can leverage ADUs to boost your cash flow and enhance your property value.

In this episode, you will be able to learn about the following:

  • National Bank offers financing for renovations and additional dwelling units (ADUs) in Canada
  • ADUs can increase cash flow for real estate investors
  • National Bank recognizes ADUs as separate units on the property, increasing property value
  • Financing options for ADUs include using existing equity, renovation programs, or refinancing
  • The renovation program allows for interest-only payments during renovations, with the final mortgage kicking in after completion

Matt Pickering is an expert Mortgage Specialist at National Bank with several years of experience in the mortgage industry. He specializes in helping real estate investors and first-time homebuyers navigate the complexities of mortgages, lines of credit, and renovations. Matt’s expertise lies in finding creative solutions for clients, such as securing funding for additional dwelling units (ADUs) and renovations.

He is known for his ability to identify opportunities and push for exceptional approvals, ensuring his clients’ financial needs are met. Matt’s dedication to understanding his clients’ goals and providing tailored solutions sets him apart in the industry.

Contact Matt Pickering here:

This episode has been brought to you in part by:
US Properties – 
https://www.usproperties.ca
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