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Updated almost 3 years ago,
Rentals or pre construction for getting started
I am Newbie in real estate and very excited to buy my first property. The most difficult question comes into my mind is” should i buy rental property or pre construction?” . I am coming to Brampton in couple of months and in this area the average house price is near about million dollar so, it will be difficult to find cash flowing properties in this area . I was also thinking about long distance investing but at the same time i am thinking of pre construction because of its extended payment structure it will be easy for me to arrange the downpayment. Please advise me the best solution for this situation.