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We value your time—if you answer ‘no’ to any of the questions below, don't feel bad moving onto your next email. | |
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Homeowners:
Would you welcome the idea of adding rental income to your property to help offset rising mortgage payments?
Investors:
Do you own a rental property that no longer cash flows — or worse, loses money every month?
Everyone:
What if you could borrow money at bank-like interest rates specifically to add one or more rental units to a property you already own?
If any of this resonates, we strongly encourage you to keep reading. | |
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Since 2022, Canadians have had to come to terms with a new interest-rate reality. The ultra-low rates we once knew — even before COVID — are likely gone for the foreseeable future. A world where 3.50%–4.50% mortgage rates are considered the new "low” may be with us for the rest of this decade or longer.
Combine that with higher living costs, and it’s no surprise that household budgets — and rental property cash flow — are under serious pressure.
Waiting for things to “go back to normal” may mean waiting a very long time.
At BM Select, we realized something important:
The banks and traditional lenders were not going to be the ones to help Canadians adapt to this environment.
So, we went out and built a solution ourselves. | |
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A quiet but powerful shift has happened across Ontario and other provinces. Municipalities have pre-zoned many residential properties to allow additional units — up to four — without lengthy rezoning approvals.
The opportunity was there.
The financing was not.
That’s why we created Build Up — a fully structured construction and renovation financing program that allows homeowners and investors to add rental units at bank-like interest rates.
This is not private money.
This is not short-term bridge financing.
This is not a high-interest workaround.
Build Up was designed from day one to transition cleanly into a traditional long-term mortgage.
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Jonathan and Angela owned a single-family rental property valued at approximately $650,000, with a mortgage balance of $490,000. Despite buying with good intentions, the property was losing money every month.
Selling wasn’t their goal — but holding it as-is was no longer sustainable.
Instead of financing the property based on its current condition, they explored its future potential.
They provided a contractor quote of $225,000 to add a self-contained basement apartment. Using the Build Up program, we structured financing around what the property would be worth once complete.
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Here’s what changed: Ultimately, the entire $225,000 was fully financed, putting the clients’ original 15% investment back into their pockets.
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That’s a positive swing of $1,022 per month — without selling the property and without injecting excessive capital.
Same location.
Same asset.
Completely different performance.
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Build Up isn’t about renovating for the sake of renovating.
It’s about:
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If you own a home or rental property that no longer works the way it once did, there may be strategic options to explore before deciding to sell.
Want to chat and see if Build Up is right for you? Reply to this email with the subject "Add Units" and let's begin re-shaping your finances.
And if you’d like to see more real-life examples, you’re in luck — each month, we’ll be sharing stories of everyday Canadians using Build Up to change their financial picture.
One of them might look a lot like yours.
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- Download our Build Up digital PDF to see how more of our clients are utilizing the Build Up program.
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You are receiving this email as an exclusive realtor/referral partner of Better Mortgage Select. Want to change how you receive these emails? You can Unsubscribe or Update your preferences | |
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