Mortgage rates are once again at ‘all time’ lows, in fact lower. Yes we still have 40 year amortizations and we still have 100 per cent, no down payment mortgages too, at rates you won’t believe. Anyone who is renting should do everything they can to own real estate because it is much cheaper than renting.Not looking to move, but would like to buy a cottage or investment property?Do it now!

If you are a renter: $1,295 rent per mth can buy you a $350,000 home with 5% down. With no down payment the price drops to $250,000.If you have 20% down you avoid a 3.25% CMHC fee and you can afford a $400,000 home with a mortgage payment of $1,295. Incredible isn’t it? How about buying that dream home at $750,000 ? Your payment can be as low as $1,820 per mth. A $1,000,000 home will carry for as little $2,346  permth with $275,000 down. All above payments are OAC.

Real estate has and will continue to be the safest and best long term investment with the greatest return. If you have good equity in your present property, why not tap into some of it to buy an income producing property, put in a basement apartment, do that renovation you have been dreaming of?

Financial experts tell us that having all our eggs in one basket, meaning low or no mortgage is the least effective approach to wealth creation. Why? Because you only have one investment generating a (paper only) return for you. Why not take some of that equity to purchase more real estate, especially income producing real estate that will help you pay down the mortgage much faster thereby creating more wealth and financial security for your future. Think about using some of your equity to invest in private mortgages or our RENT TO OWN program as an investor.

Our services not only save you money but we help you create wealth. Please call us today to see what we can doto help you achieve greater financial security.