Buying an investment property can be a great opportunity.
Whether it be a house, cottage, farm, condo, or plot of land, buying real estate is traditionally a sound and profitable investment, offering both rental income and capital gains.
However, investment property ownership isn’t for everyone. Along with the potential benefits come potential concerns, from legal to financial, so it’s a sound idea to consult a financial advisor, a lawyer and an accountant prior to considering an investment property purchase.
Because investment property mortgages are subject to specific governmental requirements, mortgages are constantly changing. It’s a good idea to consult with a Mortgage Centre Specialist that brings experience and training to the table, helping you make an informed decision about your investment property mortgage options.