revenue property: Lethbridge Real Estate Rental Properties
- 01/22/16 10:33 AM
Here in Lethbidge Alberta we have become a popular destination for real estate investors looking to purchase rental properties. Due to the fact that we have 2 post secondary educational institutions here, the University of Lethbridge and Lethbridge College, we have a large number of students who take up residence here in the city. The rental market in Lethbridge has remained solid and stable. Our prices on these investment properties have also remained fairly low and solid. With the mortgage interest rates being at historically record lows, this makes owning rental properties in Lethbridge a great opportunity to make positive cash flow. Here … (1 comments)
Just a heads up to all those Lethbridge real estate investors. The rules regarding the financing of rental properties are changing in just over one months time. After the rules change, it will no longer be possible to purchase revenue property with less then 20% downpayment.
However, if you act fast, you can still purchase under the existing rules.
I have lenders who will allow you to purchase rental properties with as little as 5% downpayment! But you must act fast to take advantage of this before the rules … (0 comments)
Here in Lethbidge Alberta we have become a popular destination for real estate investors looking to purchase rental properties. Due to the fact that we have 2 post secondary educational institutions here, the University of Lethbridge and Lethbridge College, we have a large number of students who take up residence here in the city.
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