Best new Real Estate deals investments
Best place for real estate investment for your houses, homes, property for sale and top deals:
Real Estate Investments Options & Info:
Active: Buy & Hold, Buy & Flip, Lease to Own, Vendor Take Back, Construction/ Development, Rezoning, Unique Property
Passive: MIC's, REIT's, RE Investor, Private Lender
Buy and hold: Buy a Property for the Purpose of Renting it to a Tenant, Collect a monthly rent cheque, Responsible for the home's condition -> depends on rental agreement, Must qualify for both mortgage payments
Buy and Flip: Buy a Home Below or at Market Value, Renovate/ Improve & Re-Sell in 1-3 months, Dependent on Contractors/ Materials, Strong Market Understanding, Good Timing is Needed, Must Qualify for Both Mortgage Payments
Lease to Own: Buy a Home & Lease to a Tenant, Pre Approve Tenant Ideal, Option Agreement, Pre Agreed Upon Price, Exit Strategy -> Sell, Rent, New Tenant Buyer
Benefits: Receive Instant & Ongoing Cash-flow, Have a "Guaranteed", Pre Qualified Buyer, Low Maintenance, No Turnover or Vacant Suites, If Tenant Buyer Leaves, Property, Down Payment & Credits are Yours
Downfalls: Tenant Buyer Leaves & Property Value Falls, Tenant Buyer Doesn't Qualify to Buy at End of Option Term, Badly Drafted Option Agreement, Difficulty Finding Tenant Buyer, Must Qualify for Both Homes to Qualify for Mortgage