Looking to branch out and invest in steady streams of income? Multi-residential properties provide investors an opportunity to build wealth.
The most obvious advantage of buying any income property is having other people pay off the debt on your investment property. And with interest rates low, there’s no time like the present to jump in.
There are a number of decisions to be made with regards to owning a multi-residential property. From property management to occupancy rates, being an owner carries a lot of responsibility. It’s a good idea to discuss your options with a lawyer and an accountant and then Jerry Brar Mortgages for help in financing your investment.
Mortgages for multiple residential properties are subject to governmental regulations. Lenders also have specific requirements for funding a mortgage of this type.
At Jerry Brar Mortgages, we’re experienced in working with multiple residential property mortgages. We provide a range of assistance from advice on financing to shopping large cap lenders with the best rates to even re-mortgaging for those unseen expenses.