More Canadians are purchasing investment properties. Real estate has been one of the most attractive investment categories in Canada for the past decade.
The long-term return on investment can be substantial but finding the right investment property that will produce a positive net cash flow is a challenge. A mortgage is a key component in determining whether a property is a good investment.
Sean Stewart has extensive real estate investment experience, including years of owning rental units and flipping homes. Let that experience work for you.
Many lenders have programs designed to make it easier to qualify for financing for investment property. Attractive interest rates, insured and uninsured options, as well as programs that require alternative income source documents, are available. We will use these tools, combined with innovative investment strategies to negotiate the best solution for you.
For first-time homebuyers, a duplex or triplex can be a terrific way to get into home ownership. The rental income from the extra unit(s) can offset the cost of the mortgage.
Further, an investment property can be a pension plan for the future. Over the long term, an investment property or multiple real estate holdings can be a great source of retirement funds.
Begin a conversation with local Ajax mortgage broker Sean Stewart today. As an experienced investor and mortgage professional, he will guide you through some of the innovative new options and great rates that are available.