My friends are looking to invest in their first property in Kitchener/Waterloo/Cambridge area. The family does not own any primary residence and would like to continue to rent in GTA. They would like to purchase a property and rent it out.
They are looking for a good accountant and real estate referral to help them complete their first transaction.
Primarily they need advice on whether they can purchase a rental property with 5% down and in that case how to designate that property ( primary residence or not).
In general whether it is a viable decision to buy with 5-15% or whether the minimum is 20%.
If you are an accountant/ real estate agent who invests in KWC, please email [email protected]
Thank you...
They are looking for a good accountant and real estate referral to help them complete their first transaction.
Primarily they need advice on whether they can purchase a rental property with 5% down and in that case how to designate that property ( primary residence or not).
In general whether it is a viable decision to buy with 5-15% or whether the minimum is 20%.
If you are an accountant/ real estate agent who invests in KWC, please email [email protected]
Thank you...