Hi all. I want to buy a property in a city in Canada. Can you tell me which city is better to consider and do you know how profitable the mortgage is there?
It seems to me that the rate of this mortgage changes often and you better keep track of it yourself. To decide for yourself whether it is a profitable investment or not.
Today our lending rates fluctuate at a very low level. So, of course, it is profitable to take out such loans. Not only do you not throw money away on rent, you also have your own real estate, which is gradually increasing in value and is also paid for in parallel. For me, it makes sense and such deals make sense to me quite often. You can The Heights Houses for Sale in a city like North Burnaby. The location there is good and I think renting to someone won't be a problem.
Thank you for the information
It seems to me that the rate of this mortgage changes often and you better keep track of it yourself. To decide for yourself whether it is a profitable investment or not.
Today our lending rates fluctuate at a very low level. So, of course, it is profitable to take out such loans. Not only do you not throw money away on rent, you also have your own real estate, which is gradually increasing in value and is also paid for in parallel. For me, it makes sense and such deals make sense to me quite often. You can The Heights Houses for Sale in a city like North Burnaby. The location there is good and I think renting to someone won't be a problem.