Gone are the days when one could purchase a residential investment property with a minimum of 5% down. Now the minimum is 20% in Toronto and GTA. This down payment requirement can increase the further you get away from a metropolitan area. Each lender has their own specific guidelines on qualification, i.e. how many properties one can own and how the rental income is calculated. Remember investment properties come in all shapes and sizes so there are many lending boxes and a lot more paper work especially if you own other properties to begin with. It becomes a maze trying to navigate this on your own. My team has the resources, knowledge and time to figure this out for you.