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.