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Updated over 8 years ago, 06/07/2016

Taylor McMullen's profile image
Taylor McMullen's profile image
Taylor McMullen
  • Real Estate Agent
  • from Victoria, British Columbia
  • Member since May 31, 2016
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Taylor McMullen's profile image
Taylor McMullen's profile image
Taylor McMullen
  • Real Estate Agent
  • from Victoria, British Columbia
  • Member since May 31, 2016
Connect
Taylor McMullen
  • Real Estate Agent
  • Victoria, British Columbia
0
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7
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Buying & Selling Real Estate

Purchasing Rental Properties in an Expensive Marketplace.

Taylor McMullen
  • Real Estate Agent
  • Victoria, British Columbia
Posted

Hello everyone, 

I am wondering if anyone has any experience investing in expensive market places? The 20% down payment can be a real challenge when the average property is $650k+

It can be very tricky, especially for younger people, to obtain the 20% down payment. That is, if you are aiming for a positive cash flow.

If you are in the market currently, you could use a combination of cash savings and equity loans...

What are your thoughts?

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