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Buying Power

Buying power refers to the maximum property value or mortgage amount a real estate investor can qualify for based on their income, credit score, existing debts, and available down payment. For Canadia

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Buying power refers to the maximum property value or mortgage amount a real estate investor can qualify for based on their income, credit score, existing debts, and available down payment. For Canadian investors, this determines how much property they can acquire and is directly affected by current interest rates, lending guidelines from OSFI, and stress test requirements.

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