Quote:
Originally Posted by fundmark19
I'm on my 4th house all 5% down still own 2 as rentals and one is my residence. I was going to put more down on first house but since my gameplan was to live in it and move on the more interest you pay the better for your taxes on a rental!
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Sorry, i call bs. This all ended with the new cmhc rules in 2010. If there are players that will insure at 5% they would carry too much risk to make it worth it.