The great advantage of real estate investment compared to other instruments is its simplicity. Market factors that shape the performance of real estate values are pretty basic. Space is limited and population is growing. As more people a competing to find living space in a finite supply of property, values will rise. It is that simple.
Compare this to other complex investments. The factors that determine the rise and fall of stocks and bonds and mutual funds are plentiful and very difficult to forecast. As compared to other investments, less misadventure is involved in a real estate property. Real estate investments are traditionally considered a stable and profitable investment, provided it is taken seriously and with expert assistance. The reasons for the real estate investments becoming less risky adventure primarily relate to various socio-economic factors, location, and market behavior.
The uncomplicated nature of real estate investment is a major reason why it is such a consistent and stable investment option.
Foreign Income Program
Investors under these guidelines do not reside in Canada
|Eligible Products||Conventional Mortgages|
|Purposes||Purchase or Refinance|
|Eligible Properties||Rental properties up to 4 units|
|LTV||Maximum 65% LTV|
|Appraisal||Full appraisal required|
|Amortization||Maximum 25 years|
|Application Verification||Standard income confirmation is required|
|Credit History||Equifax will provide an international Credit Bureau|
GST HST New Residential Rental Property Rebate Application Form