Are you interested in purchasing an investment property?
Purchasing income or rental properties in Regina can be a great investment. It’s perfect for new or seasoned investors alike who want to diversify their portfolios, build equity in property to help increase their net worth, take advantage of tax considerations, or are simply looking to add an additional income.
Reasons why you should invest in real estate.
A great way to diversify your overall investment portfolio into the real estate market – 20% down payment is required to purchase properties being used for rental or investment purposes.
The interest portion of rental property mortgage payments may be tax deductible.
Rental income may be used to make the mortgage payments, making property ownership affordable.
Real estate has always been a great long term investment in Canada.
Quick Mortgage Pre-Approval
A pre-approval will determine how much you can invest in real estate!
Why you should get pre-approved…
The first step in the rental buying process is to obtain a mortgage pre-approval from a bank or lender. A pre-approval is simply a rate hold, typically for 120 days. This allows you to shop for a home without the risk of interest rate changes. The pre-approval also provides you with a purchase price for which you can shop. One of our mortgage brokers will help you acquire the pre-approval so you are confident you have the best product.