Buy with as little as 5% down!
Buying a rental property for real estate investment is easy when you have the right information. In Canada 20% down is required to buy an investment property. Refinancing your mortgage to access your home equity is the easiest way to get that down payment. It will also give you a tax deduction. Using savings can’t do that.
Did you know you can still buy Investment Real Estate with as little as 5% down?
It’s true! CMHC and Genworth have programs allowing you to add a second property to your investment portfolio with only 5% down from your own savings, or home equity if you qualify.
The Recession and the plunging Stock Market have caused many Canadians to look to Real Estate for sound long-term ways to increase their net worth. From 2008 to the present real estate ownership proved to be the best investment of all.
When you’re ready to add another property to your portfolio apply on-line, and remember
the team at My Home Loans is expert in refinance for Investment Real Estate.