Hello all wonderful people here,
I am kind of beginner with some experience. Some exp because i have condo in partnership rented last 4 years here in calgary.
Now after gaining some exposure to REIn members and resources available i am starting my investment journey.
My situation : i have about $120k + LOC available on my primary residence with $290k mortgage remaining.
I have about $70k in savings available.
I want to buy something this summer here in calgary.
Would like your expert inputs, what to consider.
Personally I am full time employed with $100k income with no additional debt and good credit.
I am not flip/renovate type. I would like to buy and rent for long time.
Appreciate your inputs in advance. Thank you.
I am kind of beginner with some experience. Some exp because i have condo in partnership rented last 4 years here in calgary.
Now after gaining some exposure to REIn members and resources available i am starting my investment journey.
My situation : i have about $120k + LOC available on my primary residence with $290k mortgage remaining.
I have about $70k in savings available.
I want to buy something this summer here in calgary.
Would like your expert inputs, what to consider.
Personally I am full time employed with $100k income with no additional debt and good credit.
I am not flip/renovate type. I would like to buy and rent for long time.
Appreciate your inputs in advance. Thank you.