At Banyan Mortgage Group, we believe investment properties are a great way to build your wealth and achieve your financial goals. It is a key part of our services as we assist many real estate investors with structuring their mortgage financing for their real estate portfolios with their financial goals at the core of the plan. Buying an investment property is rapidly becoming the preferred investing method in recent times and as real estate investors ourselves, we understand the comprehensive structuring required on your mortgage. We have various lenders who have diverse investment programs that tailor to different investors, whether it’s your 1st or 10th investment property, we have a solution for you.
Since real estate values generally rise, in the long run, it is considered a secure option to invest in. Nonetheless, to enjoy a profitable investment there are certain factors that you need to consider before buying an investment property. We have a solution for every investment strategy. Whether you take the “property flipping” strategy in which you hold on to the property while renovating and sell for a higher value to make profits within a few months or take the “buy & hold” strategy by renting out the property and have your tenant pay your mortgage for you. Each type of these investments comes with certain outcomes that require expertise and knowledge in that area.
To obtain financing on rental properties purchases, Canadians are required to have at least 20% down payment
Our Investment Property Program includes:
- Investment purchases or refinancing up to 80% LTV
- Competitive interest rates and no application fees
- Our tax advantages, Free cash flow analysis and breakdown on your investment property
- Short-term financing for investment properties & Airbnb rentals
- Financing solutions for student & rooming rentals
- Payment flexibility (Interest-only payment option)