Investment Properties2018-10-23T13:25:45+00:00

Financing Investment & Vacation Properties

Canadian Real Estate is on the rise, there are 3 major investment strategies. The “Buy and Hold” strategy: buy a rental property and hold it for the long term. Tenants will cover all/partial expenses and slowly pay off the mortgage. Most times it’s suggested to put a minimum of 20%-25% down payment, so that you won’t need to put in extra money to support your rental property. In this case your rental property would be self-sustained. The “FLIP” is the process where you are purchasing property under market value, renovate it, stageing it, and then sell it for a profit. Realistically, it can take some time to find an appropriate property to buy and flip. It’ll also be a bonus if you have good home renovation skills. The most important is to make sure that you add all your renovation expenses + financing and legal costs when calculating the expected profit. Once it’s done correctly, the rewards can and will be significant. If you looking to invest your money in real estate, please speak with us. At GTA BEST MORTGAGE we focus on building a strong relationship with you and offer you lending solutions, advice and product plans that fit your unique investment style and situation.

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*Subject to approved credit, income verification and meeting lending credit granting criterea. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.
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Excellent service, great rates and attention to detail. You walked us through everything so there were no surprises at all. Were grateful that we found your services! Highly recommended for sure.
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We wanted to get a mortgage through our bank but came across your website on the internet. Are we ever glad we did. We saved literally tens of thousands of dollars and the whole experience was a breez..
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