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Things to Consider When Buying an Investment Property

Posted onSeptember 07/2019By

There are many things that you should consider when buying an investment property, such as investing in a residential mortgage in Ontario. It should also be noted that while people can make money by buying and selling real estate properties, the world that is depicted in reality TV shows that focus on house flipping is not how the real world works. If you would like to procure a residential mortgage in Ontario and are interested in buying an investment property, then there are certain things that you should consider first. What is its condition? Some people may opt for a fixer-upper property due to the low initial investment. They may see potential in either the home or neighbourhood in which it is situated. However, you need to think in the long-term, as investment properties are a marathon and not a race. Ask a licensed and bonded home evaluator to inspect…

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