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Updated almost 5 years ago, 03/06/2020

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5
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Rany Youssef
  • Toronto, Canada
0
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5
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Pre-construction Condo Downpayment financing

Rany Youssef
  • Toronto, Canada
Posted

Hey guys, basically I'm thinking of putting a downpayment on a pre-construction condo. I've done my homework, its in my target market, I know the builder is very reputable and also the area is perfect. What I'm planning to do is sell it as soon as its ready (in about 3-4 years) or assign it before it is completed. That being said I don't have the cash to workout 5% in a month and another 5% in 3 months as I'm still in school and not working full time. Any advice on financing this?

Thanks a lot for your help!

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