You may be interested in buying an investment property to diversify your holdings beyond stocks and bonds.

An investment property can help you grow financially, but at a slower pace. Choosing the right investment property is crucial to your financial growth.

If you’re nervous to take the plunge, ask a financial advisor to help you get a plan together. Get involved with your local mortgage specialist who can act as a sounding board.

Buying an investment property can be a great opportunity whether it be a house, cottage, farm, condo, or plot of land. Real estate is traditionally a sound and profitable investment, offering both rental income and capital gains.

However, investment property ownership isn’t for everyone. Along with the potential benefits come potential concerns; from legal to financial. Having a tenant adds a whole slew of contractual obligations. I recommend consulting with professionals such as a financial advisor, lawyer and an accountant prior to considering an investment property purchase. I can provide referrals for all of the above mentioned professionals.

Investment property mortgages are subject to specific governmental requirements, so they are constantly changing. It’s a good idea to consult with a mortgage professional that brings experience and training to the table. I’ll help you make an informed decision about your investment property and mortgage options.