Residential and Commercial
Purchase Plus Improvements - Refinance - Renewal - Switching Lenders
My role for you during this exciting process is similar to that of a financial analyst and an underwriter for a lender. I adhere to the all-important know-your-client and know-your-product rules and ethical conduct and practices.
I will explain to you in detail what I do and how I do it.
My evidence manual consists of 8 years as a realtor, 4 years as a mortgage broker and I have training in investment and insurance advisory through the Canadian Securities Institute.
There are many ways I help my clients. I have products that are a good fit for excellent, good and difficult credit client profiles.
I have also plans available to help you build up your credit profile and reduce your TDSR over time.
These plans (will) save you money!
I look forward to serving you and in your best interests.
Sincerely, Ian McDonald @ 604-798-8295
Ask me about: 1. Home Ownership. 2. Secured Savings. 3. Visa Credit Card. 4. Building up your credit profile.
Real Estate as an investment. There are many ways to invest in real estate. As with any investment the opportunities range in complexity, risk level, ease of entry and exit. This introduces some of the more common approaches to real estate investments. Which should you choose? That depends on your personal financial situation, access to financing and risk tolerance. It makes sense when the market is appreciating and you get the benefits of amortisation, depreciation, leverage and the potential for future rent increases to add to your bottom line net operating income (NOI).
The top 5 investment strategies for real estate are, the “Buy and Hold” strategy, the “Flip”, the “Hybrid” buy, fix up, and hold, the “Joint Venture”, the “Rent to Own” and the Real Estate Investment Trust (REIT).
Mortgages as an investment. Of the huge investment market, the mortgage as an investment, particularly an investment in a well managed and diversified Mortgage Investment Corporation (MIC), is as good as it gets. Especially if the investor is looking for regular income with an option for growth. The advantage of the MIC investment is that it is narrowly focused and has minimal management costs and fees. Another important feature of the MIC is that it is a stable investment and rarely is there value fluctuation as the MIC must distribute 100% of its net income to investors.
Of course, the main advantage of the MIC investment is the all important safety of investor capital, with all MIC assets being secured by mortgages on Canadian property.
It’s a simple trouble free investment worth serious consideration by investors looking for above-average income, growth and security in a strictly Canadian setting.