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Updated about 5 years ago on .

User Stats

19
Posts
6
Votes
Greg Pierce
  • Real Estate Agent
  • Halifax, Nova Scotia
6
Votes |
19
Posts

First Investment Property in Canada

Greg Pierce
  • Real Estate Agent
  • Halifax, Nova Scotia
Posted

My wife and I bought our first house in May 2019 via 25yr Mortgage. I want to get in the investment game and was thinking of buying a duplex, living in one side, renting the other, and renting our current house (4 bed, 2.5 bath split entry). 

1)What's the best way to get capital for the duplex with little saved?

2) can this follow the BRRRR strategy if it's a live-in?

3) Are duplex's a good investment? 

Any help is appreciated!

- GP from Nova Scotia, Canada