To Buy New, or Buy Resale?
When it comes to the type of home you’re going to buy, it’s something that a lot of people put a lot of thought into. Will it be one bedroom or two? A walk-up, or a bungalow? A condo, or a detached home? There are lots of decisions. But one that many don’t think about…
Read moreBecoming a Landlord in Ontario, Canada
So often we talk about people buying properties and obtaining mortgages so that they can move into their dream home. But what about those mortgages we take on (or want to take on) for those houses we don’t want to live in? Ah yes, it’s the envied rental property! With interest rates so low, and the stock market being somewhat shaky at the moment, investment property does seem to be the smart place to put your money. But hold up. Before you start signing new mortgage papers and interviewing tenants, you need to know a few things.
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