One of the attractions people from outside the area have to working with Martin is that he knows this market extremely well.
Buying an investment property in South Georgian Bay has become a popular option for people who believe that real estate is a great way to invest their money. However, getting a mortgage on an investment property is not like getting the mortgage you took out on your principal residence because they are a little more complex.
The number of units in the building and whether or not you'll be occupying one of the units are the two major components that control what your financing will look like.
With a minimum 20% down payment, purchasers have many options available to them when buying investment/rental property. What is the cost for Mortgage Insurance? With 20% down, the mortgage is conventional and no mortgage insurance is required.