Thank you for your comments. I am preparing some numbers so I can bring to a mortgage broker next week. Does the bank want to see a minimum 110% or will they take into consideration a slightly lower per cent and work with that? or If one of the properties is lower but the average of all 3 is...

I am a little confused with what are considered "expenses" on the 110% rule to show a property is cash flow positve? Is it: Monthly rental income less mortgage principal + interest + property taxes only or Monthly rental income less all costs assosiated with the property i.e. the above plus...

Thank you all for your reply. I will contact those you recomended.

Could someone please provide me with a good mortgage broker/financail planner in the Toronto area who understands and specialises in investment properties and obtaining financing for such. I currently have 3 properties and would like to discuss options for purchasing more. Thank You. Kevin...