Investment Property Mortgage
Investing in real estate is a tried and true way of earning extra income and it’s a successful way to plan for your retirement. Leveraging the least amount of down payment possible to purchase additional homes is an investors dream.
Why not have a tenant make your mortgage payment for you?
Positive cash flow can be set aside for future investment use, or it can be used to supplement your daily living. There is no limit to the amount of properties you can own; however, purchasing multiple properties does involve a lot of strategy and an experienced mortgage broker to help guide you. Each lender has different requirements, and unique products for investors.
Should you take out a conventional mortgage with a Home Equity Line of Credit for future use, or are you strictly wanting a mortgage with the lowest payment possible to cash-flow? These are some of the questions you will need to ask yourself.
Setting yourself up the right way when investing is important.