The 3 Barriers to Getting Approved for a Mortgage (And How to Navigate Them) | Real Estate Investing Canada

🎧 The 3 Barriers to Getting Approved for a Mortgage (And How to Navigate Them) Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier On today's episode, Wayne and Gabby are joined by investor-focused mortgage broker Keaton Kirkwood to break down the three major barriers to qualifying for mortgage financing—and how to overcome them. They also discuss what to look for in a joint venture partner, reflect on trends in Edmonton's suited house market, and give insight into why some past renovations haven't aged well. Plus, a raw conversation about strategy, risk, and predatory rent-to-own tactics that every investor needs to hear. 🧠 What You'll Learn in This Episode The 3 major financing barriers: income, liquidity, and lender policy Why buying properties separately as a couple rarely helps most investors The truth about self-employed income and mortgage qualification What money partners look for in a JV working partner How trust and contracts both matter in joint ventures The rise and fall of Edmonton's suited house renovation boom Why over-renovating for "high-end tenants" is a bad idea How to vet your JV partners and avoid blind trust When lease options might become the best investing strategy Why real estate investing should be treated like a business, not a hobby 👥 About Your Hosts Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through their REI Masters Mentorship Program, they help Canadians build long-term wealth using rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies. New episodes every weekday morning featuring real stories, coaching moments, and tactical investing advice. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: [email protected] Get the 5% Rule™ book on Amazon: The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors Order Now → https://a.co/d/3Xrcnhw 🤝 Thanks to Our Sponsors 🏠 Krystal Kromm – Red Deer Investor-Focused Realtor 📞 (587) 377-8584 🔗 Facebook 🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 [email protected] 🔗 Facebook 🏗️ Calvert Home Mortgage Investment Corporation 📞 403-278-0249 📧 [email protected] 🆔 FSRAO License Numbers: 13267 and 13268.