The first step is speaking to an industry professional to help you break down your potential borrowing power. Your mortgage…
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How Much Down Payment Do I Need?
If you are buying a property for the purpose of an investment, 20% will be the minimum required down payment. If…
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How Many Properties Can I Own?
The magic number is 5 properties (1 primary & 4 rental units) While most lending institutions limit borrowers to five total…
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I Have an Accepted Offer, Now What?
Here are twelve touch points to consider: Confirm your numbers - projected rents vs expenses. Reanalyze! Review comparables in your area to…
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What Is Capital Gains Tax?
Capital gains tax is a government tax on the profits realized on the sale of an appreciating asset. In real estate…
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Can I Purchase a Rental in a Holding Company?
Yes, investment properties can be acquired in a Holding Company. However, when securing mortgage financing, the lender will require a…
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Do I Need to Claim My Rental Income?
Legally you are required to claim your rental income come tax season. Most conventional lenders will require proof of rental income…
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What Expenses Can I Write Off on My Rental Property?
Common rental property expenses include: Mortgage Interest Property Taxes Legal Fees Property Management Fees Professional Costs Repairs & Maintenance Strata Fees Insurances Advertising Depreciation Utilities if applicable (heat, water, gas)
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How do I Buy More Properties With 5% Down?
Step 1 - Purchase a home that you plan on occupying with 5% down (this can be as little as…