When purchasing a home. You can add improvements to the purchase price as purchase plus improvements. Improvements can be from a new water heater or furnace, to new cupboards and counter tops. An improvement can be anything that increases the value of your home but you can't take with you if you were to move.
Mortgage For Rental Property:
This can be a great way to build your net worth or have a cash flow per month. When you buy a rental property you do have to put down 20%. With all the mortgage rule changes there will be more people looking to rent nice homes until they can afford to buy their own.
Mortgage services by Char Weightman - TMG Mortgage Professional include: Buying a Home | Mortgage Renewal/Transfer | Mortgage Refinance | Investments | Credit Coaching
Char Weightman - TMG Mortgage Broker based in Saskatoon, provides Mortgages for Rental Properties and Home Improvement Mortgages to clients across Saskatoon, Warman, Martensville and surrounding areas.