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First-Time Commercial Property Buyer's Guide Canada .
Step-by-step guide for first-time commercial property buyers. How to prepare, what lenders look for, NOI requirements, and common mistakes to avoid in Canada.
First-time commercial buyers need 25-35% down payment, 680+ credit score, and 1.2+ DSCR. Prepare financial statements, tax returns, and business plan. Due diligence costs $10-25K. Start with 5-12 unit multifamily for best financing terms. Budget 3-6 months for approval process.
Scott Dillingham
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