01/25/2023
Buyer's Market or Investor's Market?
BOC increased the interest rate again today by 25 basis points. Mortgage qualifications may become even harder for an average Canadian looking to purchase their first home.
So, is this really helping home buyers? Do you feel helped?
Now, let's focus on the positive side of this. The purchase of an investment property!
Maybe that your first house needs to be an investment property.. A Duplex, Triplex or Fourplex..... The interest payment on your mortgage becomes tax deductible!! It's an expense!!
You want to chat more about how to get started in the investment journey. Book a Call. Let's chat.