How to Afford a Second Property in Retirement

Author: Boychuk Mortgage Group | | Categories: Mortgage Broker , Mortgage Loans , Mortgage Rates

Mortgage industry Articles

More and more Canadians are choosing to buy a second property in retirement. Reasons for doing this vary. Some want to reap the rewards of a lifetime of saving and treat themselves to a vacation home. Others, on the other hand, view their second property as an investment, intending to rent it out and use the rent to bolster their income.

Whatever your reasons for wanting to buy a second property, there are various ways you might choose to pay for it – let’s have a look at what those are.

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Original Article Source Credits: Dominion Lending Centres,

Article Written By: HomeEquity Bank 

Original Article Posted on: 26th April 2021

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