Three Investment Opportunities -Savvy INVESTORS Only!!!

If you are an experienced investor and looking to add another great property to your portfolio we might just have the perfect opportunites for you!

1.  NEW High end 2nd home or 4 season cottage, Bungalow on Balsam Lake by Fenelon Falls.  Last Bungalow that sold, sold for $549000 in this development.  Builder must sell & close before the end of Feb for a Capital loss & will do so for $425000 bottom price.  Need qualified person that sees the value of this opportunity to own their dream home on a very sought after lake, or being able to rent this out for great cash flow over the seasons OR to flip this cottage & sell in season

2. 2 – 4 bedroom homes, side by side semi, built in 2006 near Brock University in St Catherines – can be rented out & has been rented in the past with no vacancy for $400 to $450 a room each year.  Would like to sell both homes together for $17000 each bottom price.

3. Rent-to-Own…. Tenant & contract in place.  Located in London – purchase price is $315000 – Rent-to-own agreement is for $325000 in 3 years.  Holds positive cash flow with traditional financing & has a payout in 3 years!!!!

If you or someone you know would be interested in more information about any of these 3 great investment opportunities please contact our office today.

Name(required)

Email(required)

Comment(required)

Submit

Δ

Rentals with 10% Only Down Payment!

Since the implementation of Bill B20 it has been mandated that investment property will now require 20% minimum as a down payment.

But here at Mortgage Intelligence Oshawa we are able to offer 10% down to our top tier clients for purchases in Durham Region.

If you have excellent credit, experience buying and holding rentals and you have the down payment from your own resources we can look at your application with only 10% down. So don’t let the lack of a larger down payment stop you from buying that next investment property.

Name(required)

Email(required)

Comment(required)

Submit

Δ

Calling all Real Estate Investors in Durham Region

Did you know that membership is free at Durham Real Estate Investors.

Meet with like-minded people who enjoy buying and holding or buying and selling Real Property In the Durham Region.

The DurhamREI began 2008 by with a small group of Real Estate Investors meeting informally to share problems and solutions that they were facing.

Rogers TV Interview with Elfie Hayes!

Get the Low Down on Mortgages!

Barbara Clifford of Rogers TV interviews Elfie Hayes of Mortgage Intelligence Oshawa on the popular show “Know It All”

Find out how to:

Is A Recreation Property Right for You?

Is a Recreation Property Right for You?

Recreation Properties can add to your Net Worth and can help create income from rentals. Whether it’s called a cottage, a chalet or a country house, the lure of a recreation property far from the hustle of the city is too much for many of us to resist. Put Your Feet Up! As Baby Boomers get ready to retire, they’re driving up interest in these properties – especially with the attractive financing options available for second homes. If a recreation property is on your radar, here are some important questions to ask yourself before you make the leap:

More Canadians Purchasing Second Homes

More Canadians purchasing second homes

Second Home Program | CMHC Borrow up to 95%More Canadians than ever are purchasing second homes. No longer the purview of the wealthy, second home ownership has gone mainstream. For many Canadians, it’s the dream of a summer cottage, golf retreat or a winter chalet. For others, career or family demands fuel the desire for a second home: for business stays, or to shelter the university student studying in a distant community. Now that the Canada Mortgage and Housing Corporation (CMHC) has introduced a Second Home program – helping Canadians borrow up to 95% of the home’s value – the purchase of a second home is easier than ever. And the attraction of the real estate investment is just as compelling with your second home as it is with your first. Not only can it be a good financial investment, but it’s an important emotional investment too. Here are some things to keep in mind when you finance a second home:

More Canadians purchasing second homes

Second Home Program | CMHC Borrow up to 95%

More Canadians than ever are purchasing second homes. No longer the purview of the wealthy, second home ownership has gone mainstream. For many Canadians, it’s the dream of a summer cottage, golf retreat or a winter chalet. For others, career or family demands fuel the desire for a second home: for business stays, or to shelter the university student studying in a distant community.