Tuesday Aug 16th, 2016Share
We are Bonnie and Paul Jones and we are full-time realtors with Sutton Group Heritage Realty.
Did you know that an investment property can be a wonderful way to supplement your income. Perhaps you know someone that may be looking at retirement in 10 maybe 5 years.
An investment property can supplement their retirement income or they can sell the investment property, after retirement, and use the profit from the sale to supplement their income.
If an investor has enough equity in their principal residence, they can leverage that equity to purchase the investment.
If an investor purchased a two dwelling house in Ajax for $450000.00 with a 30% down payment the investors annual profit would be $8019.00 based on a 2.99% mortgage, amortized over 25 years.
The investment property, after one year, would be valued at $526500.00 based on stats from this same time last year.
Who do you know that would like more information on how to do this? We have investment properties. We can guide them through the process.
We are Bonnie and Paul Jones and “we are always there to lend a hand.”