Theron Williams Real Estate Professional
457 Bishop Drive E3C 2M6 Fredericton, NB, Canada
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General Information
Locality: Fredericton, New Brunswick
Phone: +1 506-259-5564
Address: 457 Bishop Drive E3C 2M6 Fredericton, NB, Canada
Likes: 114
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Considering today’s climate this a great question to ask your lender. Ask always price isn’t everything!
You've decided to purchase an investment property, now how many units will you buy? Most buildings with 1-4 units are zoned residential and buildings with 5 units or more are zoned commercial both have different qualification criteria and financing options. If you will be occupying one of the units, the property would be considered owner-occupied. If all of the units will be rented out, your property would be considered non-owner occupied. The major difference between the two is how much of a down payment you need to make.
When you’re not sure if others see your work and you get a review like this.
In my interview with Lincoln Thompson owner/operator of Gardiner Realty Royal LePage in Fredericton we talk about the do's and pitfalls of invest your future income. If you're interested in creating wealth and recurring income this interview is for you.
I talk about the current market and how the Bank of Canada will shape the next few years mortgage rates.
The COVID-19 pandemic has shown the importance of having a home, where you can safely shelter in place. This is not a reality for far too many Canadians. We’re looking to help, with the Rapid Housing Initiative. See how http://ow.ly/Ov2e50C46jG
Bank of Canada rate update...
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