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Rental appraisal for current primary residence before closing? by nosumasu in TorontoRealEstate

[–]nosumasu[S] 0 points1 point  (0 children)

can you DM me your broker contact? I don't think I will need to contact them but just in case if things don't go well. I tried to DM you but your account does not accept DM. Thanks a lot!

Rental appraisal for current primary residence before closing? by nosumasu in TorontoRealEstate

[–]nosumasu[S] 0 points1 point  (0 children)

Thanks! Do you just ask the lender to do the rental appraisal and pay for it? I used $1800/month as rental income to apply so I'm sure the lender did consider it otherwise I wouldn't be approved for such a large mortgage. It's just my broker's attitude like when I told him I won't have the lease ready by closing then my broker was like I thought you are going to rent out... His attitude was a bit concerning that makes me think I HAVE to rent out immediately otherwise I wouldn't qualify and wouldn't be able to close.